NCLT Ahmedabad hears bankruptcy trustee's update on Torque Automotive promoter's insolvency process.
Trustee reveals bankrupt sold an asset during bankruptcy period via undisclosed 05.12.2025 sale deed.
Trustee states bankruptcy process may require one year, contradicting Supreme Court's three-month directive.
Tribunal issues notice to Bank of Baroda, directing its response and authorized officer's presence.