[SC] Sarfaesi S. 13(4), 14 – Sale certificate stood issued under Sarfaesi prior to declaration of moratorium  in petition filed under Section 9 of the IBC – Properties cannot be treated to be liquidation assets of the CD – IBC , S. 9. [PLRonline 470684]

sarfaesi s. 13(4), 14 – Sale of property under sarfaesi prior to declaration of moratorium  in petition filed under Section 9 of the ibc –  Sale certificate stood issued and hence auction sale stood concluded before declaration of moratorium  – These properties cannot be treated to be liquidation assets of the Corporate Debtor for the purpose of further steps to be taken in the liquidation proceeding – insolvency and banking Code, S. 9.