https://www.taxtmi.com/caselaws?id=425941 The High Court declined to entertain a petition challenging the advertisement and sale process of a company stake, citing lack of jurisdiction. The court noted the transparency of the sale process, including the receipt of a binding offer and opportunities for interested parties to participate. Emphasizing the validity of the Swiss Challenge Method and adherence to the Proposed Resolution Framework, the court directed the petitioner to address objections before the appropriate authority, the NCLT, and disposed of the petition without costs. en-us Mon, 25 Jul 2022 00:00:00 +0530 Thu, 04 Aug 2022 08:33:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425941 The High Court declined to entertain a petition challenging the advertisement and sale process of a company stake, citing lack of jurisdiction. The court noted the transparency of the sale process, including the receipt of a binding offer and opportunities for interested parties to participate. Emphasizing the validity of the Swiss Challenge Method and adherence to the Proposed Resolution Framework, the court directed the petitioner to address objections before the appropriate authority, the NCLT, and disposed of the petition without costs. Case-Laws Companies Law Mon, 25 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425941