NCLAT adjourns SBI's appeal against order dismissing its application concerning Garden Court Distilleries' liquidation sale.
Appellant argues sale as a going concern commenced per CoC resolution and NCLT order dated 10.10.2025.
Core dispute is applicability of IBBI's 14.10.2025 amendment omitting certain liquidation process regulations.
The impugned order held the sale process commenced after the amendment, denying SBI's requested reliefs.