https://www.taxtmi.com/caselaws?id=786464 In liquidation proceedings, the Court recorded the liquidator's stated intention to seek re-auction before the appellate tribunal, noting that the process document gave the liquidator discretion to reject bids and restart the auction where value maximisation so required. In light of subsequent developments, including the enhanced offer and pending proceedings before the NCLT and NCLAT, the Court declined to pursue the contempt allegations further. It left the proposed re-auction and all related objections, including any challenge to the earlier e-auction, for determination by the competent appellate forum. en-us Wed, 11 Feb 2026 00:00:00 +0530 Wed, 11 Feb 2026 18:19:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786464 In liquidation proceedings, the Court recorded the liquidator's stated intention to seek re-auction before the appellate tribunal, noting that the process document gave the liquidator discretion to reject bids and restart the auction where value maximisation so required. In light of subsequent developments, including the enhanced offer and pending proceedings before the NCLT and NCLAT, the Court declined to pursue the contempt allegations further. It left the proposed re-auction and all related objections, including any challenge to the earlier e-auction, for determination by the competent appellate forum. Case-Laws IBC Wed, 11 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786464