2017 (11) TMI 1979

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the auction purchaser. Shri Vijyesh Atre, counsel for one of the Promoter of the company in liquidation. ORDER Heard. OLR No.67/2017 has been filed for accepting the highest bid of Rs. 85,37,000/- given by M/s Satguru Cement Pvt. Ltd. in respect of sale of the assets in Lot No.3. It has been pointed out by the learned counsel for the O.L. that in pursuance to the directions issued by this co .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s of the properties in Lot No.3. He has submitted that since a number of piece of land of different Khasra numbers were involved therefore same were not mentioned in the auction notice but sufficient particulars were given. He has also drawn attention of this court to para 6 of OLR No.72 of 2017 which contains the following details of the properties which have been sold in Lot No.3 :- Khasra Nos. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ordingly OLR No.67/2017 and 72/2017 are disposed of by confirming the sale of the assets of Lot. No.3 in favour of Satguru Cement Pvt. Ltd. with a direction to the said auction purchaser to deposit the balance sale consideration of Rs. 73,37,000/- after adjustment of AMD of Rs. 12 Lacs within a period of 30 days from today. On deposit of the said amount the O.L. will handover the assets of Lot No. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X