The Official Liquidator v. nil
Case brief
What is this about?
Madras HC company application in the winding-up/provisional liquidation of M/s.Maxworth Orchards (India) Limited (C.P.No.57 of 1998): 5.57 acres in Seelaiyampatti project Max-Kottur classified as 'Panchami lands' per Official Liquidator report dated 10.07.2025, confirmed by Administrator Mrs.D.Nagasaila; sale proceedings barred and lands excluded from company assets; Deputy Official Liquidator Ms.B.Ambili; ITCOT Limited valuation report mentioned in prayer; application closed on 18.02.2026 by Senthilkumar Ramamoorthy J.
What did the court decide?
The 'Panchami lands' classification of the 5.57 acres in Seelaiyampatti project Max-Kottur was recorded; the lands were held liable to be excluded from the lands of the company in provisional liquidation with no initiation of sale proceedings for them, and the application was closed. ¶16