Supreme Court Sets Aside Auction of Sick Company’s Assets Due to Procedural Flaws: Rajiv Kumar Jindal vs. BCI Staff Colony (27 April 2023)

/ Ajay Rastogi, Auction Law, Bela M. Trivedi, Judges, Public Auction, Sick Industrial Companies Act, 1985, Sick Industrial Companies Act, 1985 with Section 18(2)(k), Sick Industrial Companies Act, 1985 with Section 20(4), Sick Industrial Companies Act, 1985 with Section 21(c)

Supreme Court Sets Aside Auction of Sick Company’s Assets Due to Procedural Flaws: Rajiv Kumar Jindal vs. BCI Staff Colony (2023) LEGAL ISSUE: Whether the auction of a sick company’s assets was valid when the Operating Agency failed to follow mandatory procedures. CASE TYPE: Insolvency and Corporate Law Case Name: Rajiv Kumar Jindal and Others […]

Supreme Court Sets Aside Auction of Sick Company’s Assets Due to Procedural Flaws: Rajiv Kumar Jindal vs. BCI Staff Colony (27 April 2023) Read Post »