SC: A "Going concern sale" on an "as is where basis" means sale of both assets & liabilities

FCS Deepak Pratap Singh , Last updated: 13 April 2022  
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M/S. VISISTH SERVICES LIMITED v. S. V. RAMANI Decision dated: 11 January 2022 Citation: 2022 SCC Online NCLAT 24 HELD THAT A going concern sale on an as is where basis does not dissolve the corporate debtor, rather, it forms a part of the liquidation estate wherein the entire business, inclu

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FCS Deepak Pratap Singh
(Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.))
Category Corporate Law   Report

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