https://www.taxtmi.com/caselaws?id=417203 The court granted permission for the private sale of assets of the Corporate Debtor, including immoveable property and equity shares in a subsidiary, under Regulation 33(2) of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016. The decision was based on the lack of objections, the market valuation aligning with the reserve price, and the necessity of the sale proposal as the only viable option for the liquidation process. The application for private sale was allowed and disposed of accordingly. en-us Fri, 24 Dec 2021 00:00:00 +0530 Tue, 18 Jan 2022 08:44:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417203 The court granted permission for the private sale of assets of the Corporate Debtor, including immoveable property and equity shares in a subsidiary, under Regulation 33(2) of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016. The decision was based on the lack of objections, the market valuation aligning with the reserve price, and the necessity of the sale proposal as the only viable option for the liquidation process. The application for private sale was allowed and disposed of accordingly. Case-Laws Insolvency and Bankruptcy Fri, 24 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417203