Comp.A.Nos.237 & 238 of 2022

IN THE HIGH COURT OF JUDICATURE AT MADRAS

Order reserved on

02.08.2023

Order pronounced on

20.09.2023

CORAM

The Hon'ble Mr. Justice SENTHILKUMAR RAMAMOORTHY

Comp.A.Nos.237 & 238 of 2022

in

Comp.A.No.161 of 2022

in

C. P. No.57 of 1998

1. C.Sekar

2. S.ChinnaKaruppan

3. C.Lakshmi

4. S.Pichammal

... Applicants

(in both applications)

v.

1. The Official Liquidator, High Court, Madras

As Provisional Liquidator of

Maxworth Orchards (India) Limited (In Provisional Liquidation),

High Court, Corporate Bhavan, 2^nd Floor,

No.29, Rajaji Salai, Chennai – 600 001.

2. Ms.D.Nagasaila Suresh

Administrator of Maxworth Orchards(India) Limited,

(In Provisional Liquidation)

Old no.3811/new no.1411,

Akbarabad Second Street,

Kodambakkam, Chennai – 600 024.

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Comp.A.Nos.237 & 238 of 2022

3. Indian Bank, rep. by General Manager,

Corporate Office, No.254-260,

Avvai Shanmugam Salai, Royapettah,

Chennai – 600 014.

4. The Manager, Indian Bank,

Karaikudi Branch, Sivagangai District. ... Respondents

(Respondent Nos.3 & 4 impleaded by order (in both

applications)

dated 21.06.2023 in C.A.No.261/2023)

PRAYER IN C.A.Nos.237 & 238 of 2022: These Applications are filed

under Order XIV Rule 8 of O.S. Rules r/w Rules 9, 11(B) of the

Companies (Court) Rules, 1959 praying to (a) set aside the order dated

14.06.2022 passed by this Hon'ble Court in C.A.No.161 of 2022 in

C.P.No.57 of 1998, pertaining to the lands to an extent of 46.64 acres

situated at Iluppakottai Velampallam Village, Panangudi group,

Sivagangai district in survey nos.131/7, 132/1B, 132/2, 132/3, 132/4,

133/1, 133/2, 133/3, 133/4, 133/5, 134/1A, 134/1B, 134/1C, 134/3,

135/1, 135/3, 136/1, 136/2, 136/3, 136/4B, 136/5, 137/1, 137/2, 137/3,

137/4, 137/6, 138/2, 138/4, 139/4, 139/5A/53, 140/1, 140/3, 140/4,

141/2, 141/3, 142/1A, 142/1B, 143/5, 144/1, 144/2, 144/3, 144/5, 144/6,

147/1, 148/6, 149/1A, 149/2A, 149/2B, 149/2C, 149/2D1, 281/11; and

(b) grant stay of all further proceedings pending final disposal of the case;

and pass such suitable order and thus render justice.

Applicants

:

M/s.C.Umashankar &

B.P.Vinoth

Respondents

: Official Liquidator for R1

Mr.H.Karthik Seshadri

for Mrs.Nagasaila Suresh,

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Comp.A.Nos.237 & 238 of 2022

Administrator (R2)

Ms.Hemalatha Suresh

for R3&R4

C O M M O N O R D E R

These applications are presented by persons claiming title to

lands ad-measuring an extent of 46.64 acres in Survey Nos.131/7,

132/1B, 132/2, 132/3, 132/4, 133/1, 133/2, 133/3, 133/4, 133/5, 134/1A,

134/1B, 134/1C, 134/3, 135/1, 135/3, 136/1, 136/2, 136/3, 136/4B,

136/5, 137/1, 137/2, 137/3, 137/4, 137/6, 138/2, 138/4, 139/4,

139/5A/53, 140/1, 140/3, 140/4, 141/2, 141/3, 142/1A, 142/1B, 143/5,

144/1, 144/2, 144/3, 144/5, 144/6, 147/1, 148/6, 149/1A, 149/2A,

149/2B, 149/2C, 149/2D1, 281/11 situated at Elumpaikottai Velamballam

village, Sivagangai taluk, Sivagangai District. In Company Application

No.237 of 2022, the applicants seek an order of stay of all further

proceedings pursuant to the order dated 14.06.2022 of this Court in

C.A.No.161 of 2022 and in Company Application No.238 of 2022, the

applicants seek to set aside the sale notice.

2. Learned counsel for the applicant, Mr.C.Umashankar,

submitted that the applicants trace their title from four registered sale

deeds each dated 08.01.2014, which were registered as Document

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Comp.A.Nos.237 & 238 of 2022

Nos.31, 32,