2007 (8) TMI 441

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... swami, Dr. Nafis A. Siddiqui, Shiv Kumar Suri and Balraj Dewan for the Respondent. JUDGMENT Dr. Arijit Pasayat, J. - Leave granted. 2. Challenge in this appeal is to the order passed by a learned Single Judge of the Delhi High Court dismissing the application filed by the appellants. 3. Challenge in the petition before the High Court was to the order passed by a learned Additional District and .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d for appointment of receiver in respect of M/s Habib Group of Companies and to make an order to attach the properties. Five properties were attached a public notice was issued by the learned Metropolitan Magistrate directing attachment of the properties. Grievance was made that notwithstanding the order of attachment the properties were either disposed of or dealt with in a manner contrary to the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the matters relating to the commission of contempt, it would be appropriate for the concerned court to work out the modalities as to how the properties can be sold to get the highest price so that the dues of the creditors and the liabilities can be discharged. 7. Accordingly, we dispose of the appeal directing the concerned court to work out the details and the modalities after hearing learned c .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X