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2nd EAuction Process Information Document LANCO VIDARBHA THERMAL POWER LIMITED (IN LIQUIDATION)2nd EAuction Process Information Document IN THE MATTER OF: LANCO VIDARBHA THERMAL POWER LIMITED (IN
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Liquidation e-auction auctions are conducted for the purpose of selling off assets of a business that is liquidating, allowing creditors and stakeholders to recover some value.
Typically, the business entity undergoing liquidation is required to file for liquidation e-auction auctions.
To fill out liquidation e-auction auctions, one needs to provide details about the assets, the terms of the sale, and any relevant legal compliance documents.
The purpose of liquidation e-auction auctions is to efficiently sell off assets to maximize the recovery for creditors and streamline the liquidation process.
Information that must be reported includes asset details, reserve prices, auction dates, and terms and conditions for bidders.
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