IBC Laws - No TDS is deductible from the payment for the sale of assets of the Corporate Debtor in liquidation, made by Successful Auction Purchaser to Secured Creditor who has released the asset under Section 52 of IBC - Indian Bank Vs. Manbhum Ispat Pvt Ltd.

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No TDS is deductible from the payment for the sale of assets of the Corporate Debtor in liquidation, made by Successful Auction Purchaser to Secured Creditor who has released the asset under Section 52 of IBC – Indian Bank Vs. Manbhum Ispat Pvt Ltd. – NCLT Kolkata Bench