2022 (5) TMI 1705

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....TECHNICAL) For the Appellant : Mr. Sanwal Tibrewal and Mr. Shaunak Mitra, Advocates For the Respondents : Mr. Ashish Makhija and Mr. Deep Bisht, Advocates for R-1 (Liquidator). Mr. Om Narayan Rai and Mr. Mohit Seth, Advocates for R-2 (SBI) ORDER Heard learned counsel for the Appellant, Shri Ashish Makhija, learned counsel for the Liquidator and learned counsel appearing for the Bank. T....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....int sale will maximize the value of assets of the Corporate Debtor, hence the Court should permit the same. After hearing the learned counsel for the parties, the Adjudicating Authority rejected the application and observed that if there is maximization of the assets, selling it as a combined should not prejudice the applicant in any manner as it is going to get a better value for the corporate gu....