NCLAT approves Private Sales in which the Entire Amount with Interest has already been Paid [Read Order]

By Kalyani B. Nair - On May 26, 2023 12:00 pm - 2 mins read
NCLAT approves Private Sales - Private Sales - Interest - NCLAT - Amount - Taxscan

The National Company Law Appellate Tribunal (NCLAT), approved a private sale in which the entire amount along with interest which has already been paid. The appellant, Kuldeep Singh is the highest auction purchaser in private sale conducted by the Liquidator, in the liquidation proceedings of the corporate debtor. The last auction failed, and no one…

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