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GUJARAT HIGH COURT
M.S. SHAH, K.A. PUJ, JJ
MAK BUSINESS ENTERPRISE PVT. LTD. – Appellant
Versus
O.L. OF AMBICA MILLS LTD. – Respondent


Advocates:
For the Appellants/Petitioners: MR MIHIR JOSHI, MR PAVAN S GODIAWALA
For the Respondents: MR JS YADAV

Table of Content
1. facts surrounding the bidding and sale process of a company's liquidation. (Para 2 , 3)
2. arguments regarding the legitimacy of the new entity's bid. (Para 8 , 9)
3. court's discussion on auction sales and nomination practices. (Para 11 , 12 , 13)
4. conclusion affirming the appellant's rights and directing sale deed execution. (Para 15 , 16)

JUDGEMENT

IN THE HIGH COURT OF GUJARAT AT AHMEDABAD O.J.APPEAL No. 147 of 2007 In COMPANY APPLICATION No. 166 of 2007 In OFFICIAL LIQUIDATOR'S REPORT No. 166 of 2006 with CIVIL APPLICATION No. 241 of 2007 For Approval and Signature: HONOURABLE MR.JUSTICE M.S.SHAH AND HONOURABLE MR.JUSTICE K.A.PUJ ================================================= 1 Whether Reporters of Local Papers may be allowed to see the judgment ? YES 2 To be referred to the Reporter or not ? YES 3 Whether their Lordships wish to see the fair copy of the judgment ? NO 4 Whether this case involves a substantial question of law as to the interpretation of the constitution of India, 1950 or any order made ther







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