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Official Liquidator of High Court, Madras v. Nil

ORDERED
Court
High Court of Madras
Decided
3 July 2026
Bench
K.Kumaresh Babuauthor
Case no.
COMP.A 156/2026

Judgment

ORDER This Company Application has been filed seeking for the following reliefs:- a) To take this Report on record, b) To permit the Official Liquidator to engage the services of the approved Auctioneer M/s.Alwin & Co., or any other Auctioneer from the panel of this Hon'ble Court to value and sell Toyata camrey car. c) To permit the Official Liquidator to conduct the sale of above car (Toyata Camrey car) based on the valuation of auctioneer and also confirm the sale on the spot to the highest bidder. d)To permit the Official Liquidator to deliver the car to the successful bidder on remittance of entire sale consideration without approaching this Hon'ble Court. e)To permit the Official Liquidator to use the Toyata Innova car for official purposes permanently as already permitted by this Hon'ble Court vide order dated 25.04.2017 in CA.No.302 of 2017. f)To permit the Official Liquidator to defray the expenses for valuation and other incidental expenses in connection with sale of two cars from the funds of the company in liquidation. g) To direct that the cost of this application do come out of the funds of the company in provisional liquidation; and f) To pass any other order/ as this Hon'ble Court may deem fit and proper in the circumstances of the case.

¶2Heard Ms.B.Ambili, learned Deputy Official Liquidator.

¶3I have perused the contents of the Report filed by the Official Liquidator upon which the application had been made before this Court and having been satisfied with the reasons stated therein, I am inclined to allow this application as prayed for.

K.KUMARESH BABU, J. mpa

¶4In fine, this Application is ordered as prayed for.

03.07.2026 mpa COMP.A No. 156 of 2026 IN CP NO. 63 OF 2013

Case details

Parties and counsel

IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 03-07-2026 CORAM THE HON'BLE MR.JUSTICE K.KUMARESH BABU COMP.A No. 156 of 2026 IN CP NO. 63 OF 2013 Official Liquidator of High Court, Madras Best and Crompton Engineering Limited, Rep.by its Official Liquidator, Corporate Bhawan, 2nd Floor, No.29, Rajaji Salai, Chennai - 600001 ..Petitioner(s) Vs Nil Nil ..Respondent(s) PRAYER:- This Company Application has been filed seeking for the following reliefs:- a) To take this Report on record, b) To permit the Official Liquidator to engage the services of the approved Auctioneer M/s.Alwin & Co., or any other Auctioneer from the panel of this Hon'ble Court to value and sell Toyata camrey car. c) To permit the Official Liquidator to conduct the sale of above car (Toyata Camrey car) based on the valuation of auctioneer and also confirm the sale on the spot to the highest bidder. d)To permit the Official Liquidator to deliver the car to the successful bidder on remittance of entire sale consideration without approaching this Hon'ble Court. e)To permit the Official Liquidator to use the Toyata Innova car for official purposes permanently as already permitted by this Hon'ble Court vide order dated 25.04.2017 in CA.No.302 of 2017. f)To permit the Official Liquidator to defray the expenses for valuation and other incidental expenses in connection with sale of two cars from the funds of the company in liquidation. g) To direct that the cost of this application do come out of the funds of the company in provisional liquidation; and f) To pass any other order/ as this Hon'ble Court may deem fit and proper in the circumstances of the case. For Applicant : Ms.Ambili B Deputy Official Liquidator

Source: High Court of Madras, through the eCourts High Court services, via the Indian High Court Judgments open dataset by Dattam Labs (CC BY 4.0). Text was extracted from the official PDF and may contain conversion errors. Check the official PDF before relying on it.