After many failed attempts in the past, Base Corporation Limited (in Liquidation), a company previously involved in the manufacturing of lead-acid batteries, is once again set to undergo a joint e-auction for the sale of its assets. The e-auction, which will be conducted on 4th August 2025, will offer the company’s assets on an “AS IS WHERE IS,” “AS IS WHAT IS,” “WHATEVER THERE IS,” and “WITHOUT RECOURSE BASIS”.
Prospective bidders can participate through the online e-auction platform, https://baanknet.com/.
Key Assets on Offer and Important Dates:
The sale notice details three main groups/lots of assets:
- Base Corporation Ltd (CD) as a Going Concern (UNIT-SOLAN): This lot includes the Corporate…