A bidder in the liquidation process does not have a vested right ...
Case Laws Insolvency and Bankruptcy
January 18, 2024
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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