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2010 (5) TMI 378 - HC - Companies LawAmount outstanding towards Notified Area tax water charges, and drainage charges for the period pe and post-winding up Held that:- Considering the terms and conditions of the sale, as per the tender document, applicant-auction purchaser is liable to clear outstanding dues of the notified area towards tax, water charges and drainage charges etc., due and payable to the respondent No. 2 for post-winding up period only and any outstanding dues towards tax and water charges and drainage charges, pre-winding up period, the applicant-purchaser cannot be saddled with liability.
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