https://www.taxtmi.com/highlights?id=60903 CIRP proceedings - private sale of assets - failure to e-auction process - even though this is a private sale as opposed to sale by a government authority, we are of the opinion that the standards and norms of transparency, fairness and responsibility should be adopted without any qualification or reservation and all prospective bidders should get sufficient notice and time to enable them to participate in the bidding in an effective manner. The process should be taken up after proper notice to prospective buyers and not limited to chosen few. - AT en-us Mon, 13 Dec 2021 10:06:58 +0530 Mon, 13 Dec 2021 10:06:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=60903 CIRP proceedings - private sale of assets - failure to e-auction process - even though this is a private sale as opposed to sale by a government authority, we are of the opinion that the standards and norms of transparency, fairness and responsibility should be adopted without any qualification or reservation and all prospective bidders should get sufficient notice and time to enable them to participate in the bidding in an effective manner. The process should be taken up after proper notice to prospective buyers and not limited to chosen few. - AT Highlights Insolvency and Bankruptcy Mon, 13 Dec 2021 10:06:58 +0530 https://www.taxtmi.com/highlights?id=60903