https://www.taxtmi.com/caselaws?id=788759 In insolvency sale of a complex, encumbered fractional property interest, the process must secure meaningful creditor participation, adequate market exposure, and value maximisation. The commentary notes that where valuation and auction steps are disclosed only after the event, creditors may be deprived of effective involvement at the planning stage, especially when the asset is indivisible and subject to pending SARFAESI proceedings. It further explains that a compressed notice period and a single valuation may be insufficient for proper price discovery in such circumstances. The stated legal effect is that procedural deficiencies of this kind can justify cancellation of a concluded e-auction and a direction for fresh valuation and re-auction. en-us Wed, 25 Mar 2026 00:00:00 +0530 Fri, 27 Mar 2026 09:21:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788759 In insolvency sale of a complex, encumbered fractional property interest, the process must secure meaningful creditor participation, adequate market exposure, and value maximisation. The commentary notes that where valuation and auction steps are disclosed only after the event, creditors may be deprived of effective involvement at the planning stage, especially when the asset is indivisible and subject to pending SARFAESI proceedings. It further explains that a compressed notice period and a single valuation may be insufficient for proper price discovery in such circumstances. The stated legal effect is that procedural deficiencies of this kind can justify cancellation of a concluded e-auction and a direction for fresh valuation and re-auction. Case-Laws IBC Wed, 25 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788759