Mode of sale

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..... or by means of 1 [ private sale only after prior consultation with the consultation committee under regulation 31A, in the manner specified in Schedule I when ] - (a) the asset is perishable; (b) the asset is likely to deteriorate in value significantly if not sold immediately; 2 [ or ] 3 [****] (d) the prior permission of the Adjudicating Authority has been obtained for such s .....

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..... e manner specified in Schedule I when 2. Inserted vide Notification No. IBBI/2023-24/GN/REG112 dated 12-02-2024 3. Omitted vide Notification No. IBBI/2023-24/GN/REG112 dated 12-02-2024 before it was read as, (c) the asset is sold at a price higher than the reserve price of a failed auction; or - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulation .....

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