2019 (1) TMI 871

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..... Sharma, Mr. Sunil Chadha, Sr. Advocate with Ms. Swati Verma, Advocate For The Respondents : Ms. Sonal Datta, Advocate And Mr. Arshdeep Singh Arora, Advocate ORDER CA No. 71 of 2018 This application is filed for seeking exemption from filing the certified copies of Annexures A-1 to A-5 for permission to place on record photostat copies. Application is allowed as prayed for. CA No.72 of 20....

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....property as Rs. 27.27 Crores and Rs. 2.75 Crores respectively but no offer was received. Another effort was made for publishing the same notice in the newspapers on 12.1.2018 and in response to which three offers in sealed envelopes were received for purchasing the assets for sale. The bids were opened in the meeting of secured creditors and bidders on 13.2.2018 and the highest bid was given by M/....

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.... receiving the offers from the intending buyers and even after the inter-se bid and the creditors who are also arrayed as respondents No.1 to 5 have raised no objection in this regard, therefore, the sale in favour of the highest bidder be confirmed and he may be allowed to hand over possession of the immovable property to the auction purchaser after receipt of the balance sale proceeds as per ter....