2006 (3) TMI 345

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ent. ORDER R.S. Garg, J. - Admit. The Official Liquidator present in the Court waives service of process of notice of admission on behalf of the respondent No. 1. Respondent Nos. 2 and 3 are Secured Creditors. In view of the order proposed to be passed, we do not think notices are required to be issued, to the respondent Nos. 2 to 5. Even otherwise, respondent Nos. 2 to 5 have no stakes in t....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....counsel appearing for the appellant submitted that the appellant does not press that part of the relief. 3. According to Mr. Desai, learned Company Judge, while directing preparation of the fresh inventory and re-auction of the property, directed that the earnest money deposit paid by the appellant should be retained by the Official Liquidator. According to Mr. Desai, once the sale is not confi....