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Case Law Details

Case Name : Ekambareswara Rao Manne Vs Mr. Gonugunta Madhusudhan Rao (NCLT Hyderabad)
Appeal Number : IA No. 387 of 2021
Date of Judgement/Order : 07/02/2022
Related Assessment Year :
Courts : NCLT
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Ekambareswara Rao Manne Vs Mr. Gonugunta Madhusudhan Rao (NCLT Hyderabad)

It may be stated that in terms of Clause 4 Schedule-I of IBBI Liquidation Process Regulations, 2016, the Liquidator is entitled to reduce the reserve price up to 25% whenever the auction fails. The record p

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