SC: A "Going concern sale" on an "as is where basis" means sale of both assets and liabilities

A 'going concern sale' on an 'as is where basis' does not dissolve the corporate debtor, rather, it forms a part of the liquidation estate wherein the entire business, including assets and liabilities, including all contracts, licences, concessions, agreements, benefits, privileges, rights, or interests, is transferred to the purchaser.

source https://www.caclubindia.com/articles/sc-a-going-concern-sale-on-as-is-where-basis-means-sale-of-both-assets-liabilities-47019.asp