Ashok S/O Bajranglal Agrawal v. Official Liquidator, High Court Of Bombay, Nagpur Bench, Nagpur And Others

1 945-Com.Appeal 01.2024.odt

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

NAGPUR BENCH, NAGPUR COMPANY APPEAL NO. 01 OF 2024 ( Ashok S/o. Bajranglal Agrawal vs. Official Liquidator and others ) Office Notes, Office Memorandum of Coram, appearances, Court's orders of directions Court's or Judge's order and Registrar's orders.

Mr. A.R.Deshpande, Advocate for the appellant. CORAM : NITIN W. SAMBRE AND ABHAY J. MANTRI , JJ.

ATE : FEBRUARY 21 , 2024 Heard.

2) Issue notice to the respondents, returnable in six weeks.

3) It is the contention of Mr.A.R.Deshapnde, learned counsel for the appellant that having failed to comply with the offer made as per the terms of the auction, the Earnest Money Deposit (EMD) ought to have been forfeited.

4) We restrain the respondent No.1 Official Liquidator from releasing the EMD.

5) Stand over to 08/04/2024.

( ABHAY J. MANTRI, J. ) ( NITIN W. SAMBRE, J. ) KOLHE Signed by: Mr. Ravikant Kolhe Designation: PA To Honourable Judge Date: 22/02/2024 10:55:36