https://www.taxtmi.com/caselaws?id=97233 Where an official liquidator's sale is conducted under court sanction and remains subject to court confirmation, the court may scrutinise the sale for fraud, irregularity, misconduct, or inadequacy of price before ratification. Its supervisory power over an officer of the court is not confined to complaints by a person formally shown to be aggrieved, and it may order a summary inquiry when such allegations are brought to its notice. The question of locus standi may therefore be unnecessary at the inquiry stage if the challenge is directed to the integrity of the sale process. en-us Mon, 16 Feb 1953 00:00:00 +0530 Mon, 16 Jan 2012 10:24:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97233 Where an official liquidator's sale is conducted under court sanction and remains subject to court confirmation, the court may scrutinise the sale for fraud, irregularity, misconduct, or inadequacy of price before ratification. Its supervisory power over an officer of the court is not confined to complaints by a person formally shown to be aggrieved, and it may order a summary inquiry when such allegations are brought to its notice. The question of locus standi may therefore be unnecessary at the inquiry stage if the challenge is directed to the integrity of the sale process. Case-Laws Companies Law Mon, 16 Feb 1953 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97233