Amr India Limited v. The Official Liquidator

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 17.12.2025

CORAM

THE HONOURABLE MR.JUSTICE SENTHILKUMAR RAMAMOORTHY Comp.A.Nos.269 & 536 of 2022 in C.P.No.57 of 1998 AMR India Limited Saikrupa D.No.8-3-833, Plot No.37 and 38 Phase-1, Kamalapurai Colony, Hyderabad - 500 073.

... Applicant in both CA's -vsThe Official Liquidator, High Court, madras As Provisional Liquidator of Maxworth Orchards (India) Ltd, High Court, Corporate Bhavan, 2nd Floor,No.29, Rajaji Salai, Chennai 600 001(in Provisional Liquidation) and another ... Respondents in both CA's For Applicant : Mr.T.K.Bhaskar in both CA's For Respondents : Mr.Pola Raghunath, in both CA's Official Liquidator for R1 Mr.H.Karthik Seshadri Assisted by Ms.D.Nagasaila, Administrator for R2 ********** 1/2 https://www.mhc.tn.gov.in/judis

SENTHILKUMAR RAMAMOORTHY,J rna

ORDER

By order dated 20.06.2025, it was recorded that the highest bidder in the auction has no objection to the purchase of the property by SEI Kathiravan Power Private Limited subject to refund of amounts remitted by such highest bidder along with accrued interest. Subsequently, upon receipt of the total consideration of Rs.4,25,00,000/-, the auction sale was directed to be not proceeded with and Comp.A.Nos.149 and 209 to 211 of 2022 and 714 to 717 of 2011 were disposed of.

2. Learned counsel for the highest bidder submits that a refund of amounts deposited by such bidder may be directed along with accrued interest thereon. In two installments an aggregate sum of Rs.2,18,87,106/- was remitted. The said amounts shall be refunded to AMR India Limited along with interest accruals thereon within a period of two weeks from the date of receipt of a copy of this order.

3. These applications are disposed of on the above terms. 17.12.2025 rna Comp.A.Nos.269 & 536 of 2022 in C.P.No.57 of 1998 2/2 https://www.mhc.tn.gov.in/judis