Sec 35(1)(f) of Code empowers liquidator to sell the property of the corporate debtor in liquidation by public Auction, Hence there was no need for adjudicating authority to direct the liquidator for considering the proposal of R- 2 to R-4 who has approached the Adjudicating Authority after due date of finalisation of Auction- State Bank of India Vs. Maithan Alloys Limited – NCLAT

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