A bidder in the liquidation process does not have a vested right ...

Liquidation Process: No Vested Rights for Bidders' Plans; Accurate Asset Valuation Crucial for Fairness and Maximizing Value.

January 18, 2024

Case Laws Insolvency and Bankruptcy AT

A bidder in the liquidation process does not have a vested right to have their resolution plan considered or approved. - Regarding valuation of property, NCLAT highlighted the importance of this property in the liquidation process and the need for its proper valuation. - It was deemed crucial for maximizing the value of the assets and ensuring fairness in the liquidation process. - AT

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A bidder in the liquidation process does not have a vested right ...

Liquidation Process: No Vested Rights for Bidders' Plans; Accurate Asset Valuation Crucial for Fairness and Maximizing Value.

January 18, 2024

Case Laws Insolvency and Bankruptcy AT

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