Sale of Corporate Debtor M/s Man Tubinox Limited as going concern under regulation 32 (e) read with regulation 32A of the liquidation process Regulations, 2016 consisting of following Assets (refer E-auction Process Memorandum for further details):
a) Plot No. 847, Sector-3, Industrial Area, Pithampur, Dist. Dhar (M.P.) (61629.44 Sq. Mtr.) This is an Industrial land, taken on Lease from M/s MP Audyogik Kenda Vikas Nigam (MPICD), Indore by M/s. Man Tubinox Ltd vide Lease deed No. 4968 Dt. 22/06/2015 for a period of 30 Years.
The assets of the corporate debtor are being sold along with transfer of pending cases related to assets at various forums, to the extent permissible under the Applicable Law, The detalls of assets are and liabilities are provided in E-auction process document)
b) All the Security and Financial Assets consisting of receivables, Stock in trade, Investments and other financial assets and securities and other assets as given in E-auction process documents