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Case Name : Haldiram Incorporation Pvt. Ltd. Vs Amrit Hatcheries Pvt. Ltd. & Ors. (Supreme Court of India)
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Haldiram Incorporation Pvt. Ltd. Vs Amrit Hatcheries Pvt. Ltd. & Ors. (Supreme Court of India) Supreme court in Haldiram Incorporation Pvt. Ltd. Vs Amrit Hatcheries Pvt. Ltd. & Ors. held that Properties sold under Auction Sale in SARFAESI Act before declare insolvency, could not be treated assets of Corporate Debtor. Recently, the Supreme Court in CIVIL APPEAL No. 1733/2022 titled as Haldiram Incorporation Pvt. Ltd. vs. Amrit Hatcheries Pvt. Ltd.  & Ors. [06.12.2023] observed that the properties of a defaulting borrower sold in an auction sale could not be treated as liquidation a...
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