NCLT Hyderabad orders closure of Castall Technologies' liquidation after successful sale of assets as a going concern.
Liquidator realized Rs 17.07 crore from asset sales, distributing Rs 14.94 crore to financial creditors.
Land and buildings sold to Pride Pack for Rs 12.61 crore; plant and machinery sold to Madhu Narne for Rs 3.78 crore.
Liquidator discharged after completing distribution per Section 53 of IBC; avoidance transactions to be pursued by financial creditors.