Public auction of the assets of the Corporate Debtor - if the ...
Liquidator Can Extend Payment Period in Asset Auction to Boost Participation and Returns, Based on Justified Reasons.
January 8, 2020
Case Laws Insolvency and Bankruptcy Tri
Public auction of the assets of the Corporate Debtor - if the Liquidator, for justified reasons deems it fit to increase the period of payment as it would help maximize participation and returns of the auction, then the Liquidator in his discretion can be allowed to do so
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