Allowed¶¶19
The Official Liquidator v. nil
Madras HCCOMP.A/28/2025
Case brief
AI extract
What is this about?
Official Liquidator; Provisional Liquidator; First Leasing Company of India Limited; liquidation; confirmation of sale; movable assets; auction 08.01.2025; highest bidder; slotted angles racks; old records/papers; sale consideration received; Comp.A.No.28 of 2025; C.P.No.255 of 2014; Comp.A.No.475 of 2024; Judge's summons; Madras High Court; Company Application.
What did the court decide?
Confirmation of the sale of movable assets of the company in liquidation in favour of the highest bidders, in terms of prayers (b) to (d) of the Judge's summons. ¶¶19