The appeal was filed against the order passed by the NCLT, Indore Bench, regarding IA/424(MP)2025.
The Appellant is the Liquidator of Girdharilal Sugar and Allied Industries Limited.
The Respondent No.1, Radheshyam Dairy, was declared the Successful Auction Purchaser pursuant to a Process Document dated 30.11.2022.
A sale certificate was issued in favor of the Successful Auction Purchaser on 05.07.2025.
The NCLT directed the substitution of the names of the Directors as proposed by the Successful Auction Purchaser.
The Liquidator raised objections regarding other assets of the Corporate Debtor.
The NCLT, Indore Bench, passed an order on 18.02.2026 in IA/424(MP)2025.
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The application was…
NCLT, Indore Bench,…
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The appeal was filed against the order passed by the NCLT, Indore Bench, regarding IA/424(MP)2025.
The Appellant is the Liquidator of Girdharilal Sugar and Allied Industries Limited.
The Respondent No.1, Radheshyam Dairy, was declared the Successful Auction Purchaser pursuant to a Process Document dated 30.11.2022.
A sale certificate was issued in favor of the Successful Auction Purchaser on 05.07.2025.
The NCLT directed the substitution of the names of the Directors as proposed by the Successful Auction Purchaser.
The Liquidator raised objections regarding other assets of the Corporate Debtor.
The NCLT, Indore Bench, passed an order on 18.02.2026 in IA/424(MP)2025.
The application was…
NCLT, Indore Bench,…
Sign in to view related legal provisions.