Residential
Vadodara
No: (+91)8291220220, 022-69029800
Sale of the Corporate Debitor as a going concem (Including all its assets and Babilities but excluding Cash and bank Balance) and including realizations from Non-Realization Related Assets (NRRA), including avoidance applications fled before the Hon'ble NCLT under Sections 43 and 66 of the IBC and the Insurance Claim pending before the DCDRC, the benefit of such realizations shall accrue in the ratio of 60:40-60% to the creditors/stakeholders and 40% to the successful auction purchaser, after deduction of actual costs incurred from the amount realized as per Regulation 32(e) of 1881 (Liquidation Process)