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2010 Supreme(Ker) 779

S.SIRI JAGAN
Mohammed Ashraf A. U. – Appellant
Versus
Official Liquidator – Respondent


Advocates:
Advocate Appeared:
For the Official Liquidator : C. Khalid
For the Depositors Association : Jacob Mathew Manalil
For the Ex-Managing Director : K.K. Jhon
For the Petitioners: Vakkom N. Vijayan, K.K.M. Sheriff, Ziyad Rahman

ORDER :

S. Siri Jagan, J.

Report No. 88 dated 08/09/2005 is filed by the Official Liquidator, seeking orders for confirmation of the sale of 6.5 cents of land in Sy No. 403/5 in Ernakulam Village in Kanayannur Taluk, belonging to the former managing director of the Company in liquidation, which was directed to be attached and sold by this Court, conducted by the Official Liquidator, as per order dated 31/03/2005 passed by this Court in the winding up proceedings in the above Company Petition, as also for execution of sale deed in favour of the highest bidder after accepting the balance sale consideration. Company A. No. 539 of 2005 is filed by a person, who allegedly entered into an agreement for sale in respect of the same property with the former Managing Director of the company in liquidation and who has obtained a decree for specific performance of the sale agreement, in OS No. 197 of 2005 of the Additional Subordinate Judge's Court, Ernakulam, for an order setting aside the sale conducted by the Official Liquidator, in respect of the said property. CA No. 435 of 2006 is filed by the same person who filed OS No. 197/2005 for accepting a copy of the agreement of sale on record as



































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