Supreme Court of India · 2023-04-26
THE SUB REGISTRAR AMUDALAVALASA vs M/S DANKUNI STEELS LTD.
- Citation / case number
- SC 2019/7356
- Court
- Supreme Court of India
- Petitioner
- THE SUB REGISTRAR AMUDALAVALASA
- Respondent
- M/S DANKUNI STEELS LTD.
- Author
- HON'BLE MR. JUSTICE K.M. JOSEPH
- Bench
- HON'BLE MR. JUSTICE K.M. JOSEPH, HON'BLE MRS. JUSTICE B.V. NAGARATHNA, HON'BLE MR. JUSTICE AHSANUDDIN AMANULLAH
Judgment text excerpt
The Supreme Court addressed the appeal concerning the auction sale of assets belonging to a company that was ordered to be wound up. The court examined the legality of the sale deed executed by the Official Liquidator in favor of M/s. Dankuni Steels Ltd. and upheld the auction process, affirming that the sale was conducted in accordance with the High Court's directives. The appeal was dismissed, thereby validating the sale and the rights of the purchaser.