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Court rules on asset auction rights post-acquisition approval; suspended director's appeal dismissed.

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....CIRP - Auction of the assets of corporate debtor as per Acquisition Plan - Liquidation - whether the Successful Auction Purchaser can prosecute the avoidance application after approval of the acquisition plan? - Appellant being the suspended Director - Now allowed - Appeal dismissed - AT....

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Court rules on asset auction rights post-acquisition approval; suspended director's appeal dismissed.