Special MPID judge D P Surana's order came during the hearing of an application filed by NSEL seeking direction to Metkore Alloys and Industries Limited and its managing director to sign the required authorisation-cum-undertaking.
The special court also said the competent authority will auction the stock of ferro-chrome, weighing about 14,243 tones.
The competent authority was also directed to deposit the sale proceeds of auction in escrow account. The auction is to be completed in two months.
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