NCLAT: Liquidator Must Obtain NCLT Approval Before Conducting Private Sale - (10 Nov 2025)
INSOLVENCY
National Company Law Appellate Tribunal (NCLAT) New Delhi held that a liquidator cannot conduct a private sale without NCLT approval under Regulation 33(2)(d) of the IBBI (Liquidation Process) Regulations, 2016 (LPR).
Tags : NATIONAL COMPANY LAW APPELLATE TRIBUNAL LIQUIDATOR PRIVATE SALE
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