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Madras High CourtCOMP.A/318/2021disposed of

Banoth Janaki, W/O.Shakar v. The Official Liquidator, High Court, Madras

2021-12-10Honourable Mr Justice Senthilkumar Ramamoorthy2 pages

Comp.A.Nos.318, 319, 320, 321, 322, 323 & 324 of 2021 in C.P.No.57 of 1998 SENTHILKUMAR RAMAMOORTHY, J.

All these applications relate to offers of the respective applicant to purchase the immovable assets of the company in provisional liquidation. The company in liquidation is represented by the Deputy Official Liquidator. He submits that the assets in respect of which these applications are filed are the subject matter of C.A.No.189 of 2013. Consequently, he states that he could not file an application to bring these assets for sale.

2. The assets of a company in liquidation are, ordinarily, required to be sold through a tender or public auction process. As such, the relief prayed for by the respective applicant cannot be countenanced. However, it will be open to the respective applicant to participate in the tender or public auction process once set in motion by this Court.

3.With the above observations, all these applications are disposed of without any order as to costs.

https://www.mhc.tn.gov.in/judis 1/2

SENTHILKUMAR RAMAMOORTHY J., smv 4.The Registry is directed to list Comp.A.No.189 of 2013 on 17.12.2021.

10.12.2021 smv 2/2 Comp.Nos.318, 319, 320, 321, 322, 323 & 324 of 2021 in C.P.No.57 of 1998 https://www.mhc.tn.gov.in/judis 2/2