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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 ...
The Enforcement Directorate’s (ED) status report on the Rs 13,000-crore PNB scam involving absconding diamantaire Mehul Choksi gives extensive details of the action taken by the agency ...
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