Supreme Court Dismisses Appeal of Prospective Purchaser in Insolvency Sale — Liquidator Not Obliged to Extend Time for Payment Under IBC. Time extension for payment of sale consideration in liquidation is a commercial decision for the liquidator and stakeholders, not a matter of right for the purchaser.
10 Dec 2025The case involves an appeal by Appellant against the dismissal of its appeals by the National Company Law Appellate Tribunal (NCLAT) regarding the ref...





