The NCLT directed the liquidator to re-conduct bidding as private sale conducted in non-transparent manner
The Indore Bench of the National Company Law Tribunal ( NCLT ) directed the liquidator to re-conduct bidding as private sale conducted in non-transparent manner. In the process, all the prospective applicants namely Samyak International Ltd, Umang Enterprises, Crown Steels, Labhanshi Agritech Pvt Ltd who had submitted their bid application were considered disqualified on the…
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