B.B.Mohankumar v. the Official Liquidator
Case brief
What is this about?
COMP.A No. 116 of 2025 in CP No. 130 of 1999; High Court of Judicature at Madras; N. Senthilkumar J.; order dated 10-10-2025; Anubhav Plantations Ltd in liquidation; Official Liquidator, High Court, Madras; B.B.Mohankumar (appellant/applicant); East West Ethicals Private Limited (successful bidder entity); auction dated 21.03.2013; execution of sale deed; Anubhav Green Rich Village; lot No.1; Plot No.45 (8600 sq.ft.); Plot No.198 (6140 sq.ft.); Encumbrance Certificate; EMD Rs.20,00,000; total bid Rs.1,96,49,650; balance Rs.1,76,49,650; Companies Act 2013.
What did the court decide?
Direction to the Official Liquidator to execute the sale deed in respect of the auctioned properties (51 cents in lot No.1, Plot No.45 - 8600 sq.ft., and Plot No.198 - 6140 sq.ft. in lot 3 at Anubhav Green Rich Village) in favour of the applicant; per the Official Liquidator's submission accepted by the Court, the sale deed is to be executed within three weeks of submission of the Encumbrance Certificate and required documents.