The case involves multiple I.A.s (30, 248, 53, 282/2025) in C.P.(IB)No.36/BB/2021 before the NCLT Bengaluru Bench.
I.A.Nos.30 & 53/2025 are Quarter Progress Reports submitted by the Liquidator for the period from 03.09.2024 to 31.12.2024 and 01.01.2025 to 31.03.2025.
I.A. (IBC) No.248/2025 is an application filed by the Applicant seeking directions to sell the assets of the Corporate Debtor through a private sale process.
The private sale process was recommended by SCC.
No bids were received pursuant to the auction notice issued in the newspaper.
The court allowed the disposal of assets by private sale at the reserved price as per the valuation report.
I.A.No.282/2025 involves the Applicant and the Liquidator.
The Liquidator was granted three weeks to file a reply in I.A.No.282/2025.
The Applicant was granted one week after the Liquidator's reply to file a rejoinder in I.A.No.282/2025.
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The case involves multiple I.A.s (30, 248, 53, 282/2025) in C.P.(IB)No.36/BB/2021 before the NCLT Bengaluru Bench.
I.A.Nos.30 & 53/2025 are Quarter Progress Reports submitted by the Liquidator for the period from 03.09.2024 to 31.12.2024 and 01.01.2025 to 31.03.2025.
I.A. (IBC) No.248/2025 is an application filed by the Applicant seeking directions to sell the assets of the Corporate Debtor through a private sale process.
The private sale process was recommended by SCC.
No bids were received pursuant to the auction notice issued in the newspaper.
The court allowed the disposal of assets by private sale at the reserved price as per the valuation report.
I.A.No.282/2025 involves the Applicant and the Liquidator.
The Liquidator was granted three weeks to file a reply in I.A.No.282/2025.
The Applicant was granted one week after the Liquidator's reply to file a rejoinder in I.A.No.282/2025.
…Order was deli…
Start date of the…