12 August 2024
NCLT: No Sale of Assets Below 25% Reserve Price Cut Under Liquidation Regulations - 13.08.2025
NCLT Bengaluru has held that corporate debtor assets can't be sold below a 25% cut in reserve price. It observed that permitting such sales breaches IBBI Liquidation Regulations.
Tags : NCLT Bengaluru IBC Liquidation Regulations Reserve Price Corporate Debtor Section 60(5)
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