TMI Blog2010 (1) TMI 1245X X X X Extracts X X X X X X X X Extracts X X X X ..... .Hiren M Modi, Ms Vaijayanti S.Pathak, For Respondent. ORAL ORDER 1. The Applicant herein is the successful purchaser of the properties, more particularly described in Lot No.1 as recorded in order dated 9.1.2008 of the Company in liquidation, viz. Eclat Chemicals Ltd. (company in liquidation) for a sum of ₹ 2,30,00,000/- (Rupees Two crores Thirty lacs only). The Application has b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ng up will not get priority as crown debt and the respective department of the Government shall appropriately lodge its claim with the Official Liquidator in accordance with law. 3. Learned Advocate appearing for Official Liquidator of the Company in liquidation has also been heard. The position of law enunciated by the High Court in the aforesaid judgment and order has not been disputed by the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ment and order on which reliance has been placed on behalf of the Applicant were rendered in different context and should not be applied to the present case. 5. It is an accepted position that the Company was ordered to be wound up by the High Court on 22.2.2002 made in Company Petition No. 354 of 1999 whereas, as already recorded, the assessment was framed on 30.6.2003. In the circumstances, a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o called charge of Sales Tax Department and the Gram Panchayat tax as arrears of land revenue to ensure that the applicant gets free and clear marketable title qua the property of the Company in liquidation purchased vide order dated 9.1.2008 made in OLR No. 259 of 2007. 7. Accordingly, the Application is allowed in the aforesaid terms and stands disposed of with no order as to costs. - - T ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
