The Insolvency and Bankruptcy Board of India (IBBI) has mandated that all auctions for the sale of assets under the liquidation process must be conducted exclusively on the eBKray auction platform ...
The Insolvency and Bankruptcy Board of India (IBBI) issued a circular mandating the exclusive use of the eBKray auction platform for conducting asset auctions in liquidation processes, effective from ...
A collateralized loan usually has a liquidation price, a threshold that allows the lender to sell the collateral on an emergency basis to repay the borrower’s obligation before asset prices collapse ...
there was no occasion to direct liquidation. It was further submitted that when the Tribunal passed an interim order on 03.05.2024, liquidator ought not to have proceeded with any auction and ...