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2004 (1) TMI 396 - HIGH COURT OF KARNATAKAExtract: ....... order, the applicant having not complied with the basic requirement of paying the price, the sale in favour of the applicant is cancelled. 14. The Official Liquidator is directed to take steps to have the property advertised for fresh sale on the terms and conditions as had already been indicated by this Court. 15. Company application is rejected.
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