Current Liquidations Machinery

Plant and Machinery:

Auction notices from the Insolvency and Bankruptcy Board of India list machinery as part of the assets to be auctioned in liquidation processes.

Industrial Equipment:

Auction sites like Apex Auctions India also offer machinery and industrial equipment for sale, often in the context of liquidation.

Specific examples:

The Insolvency and Bankruptcy Board of India has notices for the sale of plant and machinery at various locations, including those of specific companies like Abhinav Steels and Power Limited and others.

The process of machinery liquidation often involves:

Identifying assets: Determining which machinery and equipment can be liquidated.

Valuation: Assigning a value to each piece of equipment.

Marketing and sale: Advertising the machinery for sale, potentially through auctions or private sales.

Distribution of proceeds: Using the proceeds from the sale to pay creditors according to their priority.