M.CHOCKALINGAM, R.SUBBIAH
Government of Tamil Nadu, Department of industries and Commerce, rep. by its Commissioner and Director – Appellant
Versus
The Official Liquidator, As the Official Liquidator of Pulsar Electronics Limited, (In Liquidation) & Another – Respondent
M. Chockalingam, J.
These two appeals have arisen at the instance of the State challenging the two orders dated 210. 2008 and 3. 2009 made by the learned Single Judges of this Court in C.A.No.662 of 2007 in C.P.No.5 of 1994 whereby confirmation of sale was made by the former order, while a direction was issued to the Official Liquidator to execute the sale deed jointly along with the Department of Industries and Commerce of the Government of Tamilnadu in favour of the purchaser or her nominees by the latter order.
2. The Court heard the learned Advocate General for the State, Mr.V.Prakash, learned Senior counsel for the 2nd respondent and the Official Liquidator. The Court perused all the materials available including the orders under challenge.
3. The application was made on the following facts and circumstances. M/s. Pulsar Electronics Limited was allotted a plot in the Electrical Industrial Estate at Kakkalur vide allotment order No.107857/EL1/86-1 dated 16. 1987. The extent of land was 5 acres at Rs.30,000/- per acre subject to the condition that the cost of the land is liable to upward revision and the land allotted should be used for the purpose which was specifical
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