Liquidation E-Auction Land Auction in Gopalganj, Gopalganj

"Assets are sold free from all encumbrances as per Regulation 32(C) of the IBBI (Liquidation Process) Regulations, 2016 (as amended up to 14 October 2025) and other applicable provisions of the IBC.
The Hon'ble NCLT vide order dated 24 June 2025 had permitted auction of the entire undertaking (sale as a going concem) three more times, but all such e-auctions failed. Accordingly, pursuant to the IBBI (Liquidation Process) (Second Amendment) Regulations, 2025, the present sale is being conducted for a set of assets collectively by the Corporate Debtor, in compliance with the amended Regulation 32 (C)."
Major assets of the corporate debtor are located at: All Fixed Assets- Comprises of Sugar Mill excluding lease hold land with sugarcane crushing capacity of 2500 TPD of M/s Sasa Musa Sugar Works Private limited situated at P.O. Sasa Musa, P.S. Kuchaikote, Dist. Gopalganj Bihar-841505. GPS Coordinates are 26.523440, 84.357283. Nearest Railway Station Sasa Musa is 1 km away. Nearest Railway Junction Siwan is 39 kms away. Nearest Domestic & International Airport Kushinagar is 60 kms away. Nearest National Highway NH27 (from Porbandar in Gujarat to Silchar in Assam) is 1 km away