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NCLT Rejects Confidentiality Breach Plea as Email to Bidder Was Found Inadvertent
Case Law Details
- Case Name
- Amresh Shukla Liquidator Vs State of Madhya Pradesh (NCLT Indore)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- NCLT
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Amresh Shukla Liquidator Vs State of Madhya Pradesh (NCLT Indore)
The application was filed by the liquidator of a corporate debtor under Rule 11 of the National Company Law Tribunal Rules, 2016, seeking directions against certain government officials for allegedly breaching confidentiality during the liquidation process by sharing an email dated 09.02.2024 with a prospective bidder. The liquidator contended that the email disclosed details of discussions held in a Stakeholders’ Consultation Committee (SCC) meeting regarding bidding modalities and related matters, which, acc...
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