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Corporate Law | NCLAT Delhi Upholds EMD Forfeiture on Liquidation Auction Payment Default

12 Oct 2026 · 1d agoBy CA Sandeep KanoiSource: TaxGuru

NCLAT upholds forfeiture of EMD and part payment after bidder defaults on 90-day deadline in liquidation auction under IBC rules. The post NCLAT Delhi Upholds EMD Forfeiture on Liquidation Auction Payment Default appeared first on TaxGuru .

Attribution

Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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