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2016 (6) TMI 537 - HC - Indian LawsOfficial Liquidator proceedings for sale of the remaining assets of the Company in liquidation - Held that:- The verification report in respect of claim raised by GIDC is taken on record. As far as prayers prayed for in para 17 (b), (c) and (d) are concerned, the Official Liquidator is permitted to initiate the proceedings of sale of immovable properties of the company situated at GIDC, Panoli and the upset price and Earnest Money as well as the schedule is fixed As far as prayer 17(e) is concerned, the OL is directed to file a fresh report stating further details and the balance amount in the account of the company under liquidation.
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