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1963 (1) TMI 31 - HC - Companies LawExtract: .......nswer to it. As we said earlier, the offer to sell to the highest bidder at the auction was one made by the official liquidator. It was no doubt subject to the sanction of the court. That sanction was secured. There was, therefore, nothing in the transaction which would invalidate the sale. This appeal, therefore, fails and is dismissed with costs.
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