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2013 (10) TMI 672 - GUJARAT HIGH COURTWinding up Petition – Report of the Official Liquidator - Held that:- So far as the present report of the OL was concerned, it was noticed that the OL proposed to auction sale certain properties which were presently in the hands of the OL, however in present case also the details regarding the measurement or clarity regarding the title – ownership and as to whether there was any encroachment are not available - The aspects have been pointed out by the advocate for OL - though OL had urgency to dispose of the properties in question and the possession had been taken since quite long time and there were no fund available in the account the company, however if the OL provided the task of issuing advertisement then in absence of these details the exercise may not yield any result – Several instructions were issued to the OL.
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