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Private sale by liquidator without strategy to maximize realisation from sale of assets not approved
Provided that the liquidator shall not sell the assets, without prior permission of the Adjudicating Authority, by way of private sale to- (a) a related party of the corporate debtor; (b) his related ...
Therefore, failure to respond to a section 8 notice within 10 days does not preclude the corporate debtor from asserting pre-existing disputes especially when they were raised before the notice ...
The Monitoring Committee shall oversee the appointment of a Reconstituted Board within 15 days of its formation, to manage the Corporate Debtor’s affairs under the committee’s supervision. Further, ...
Lastly, it was submitted that the Respondent-Corporate Debtor-MB Power was acting as a guarantor for releasing of the payment of Hindustan Thermal in terms of the work completion certificate ...
It must also invite the debtor to make representations ... The new laws mandate that the individual has a minimum of 28 days from the day after the notice is issued to submit their case.
A sincere debtor feels sad whenever his inability to ... dehumanising and threatening to make a taxi driver disappear. A few days after this, a violence-encouraging video of the Alapomu of Apomu ...
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