Supreme Court Upholds Re-Auction of Sick Company Assets: Rajiv Kumar Jindal vs. BCI Staff Colony (2023)

/ Ajay Rastogi, Asset Sale, Bela M. Trivedi, Company Law, Judges, Official Liquidator, Sick Industrial Companies (Special Provisions) Act, 1985, Sick Industrial Companies (Special Provisions) Act, 1985 with Section 18(2)(k), Sick Industrial Companies (Special Provisions) Act, 1985 with Section 20(4), Sick Industrial Companies (Special Provisions) Act, 1985 with Section 21(c)

Supreme Court Upholds Re-Auction of Sick Company Assets: Rajiv Kumar Jindal vs. BCI Staff Colony (2023) LEGAL ISSUE: Whether the auction of assets of a sick company was valid when the Operating Agency failed to follow mandatory procedures. CASE TYPE: Insolvency/Company Law. Case Name: Rajiv Kumar Jindal and Others vs. BCI Staff Colony Residential Welfare […]

Supreme Court Upholds Re-Auction of Sick Company Assets: Rajiv Kumar Jindal vs. BCI Staff Colony (2023) Read Post »