If part amount of auctioned property received by bank after CIRP started, sale incomplete – SC
May 19, 2022
bankruptcy, Supreme Court
Since part amount of the auctioned property was received by bank after start of CIRP, and order of moratorium, the sale could not be said to have completed – SC ABCAUS Case Law Citation ABCAUS 3592 (2022) (05) SC Important case law relied referred:Vidhyadhar vs. Manikrao and Another …