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Guest (Guest)     04 May 2010

winding up court treating sale as void

here mortgaged property of company brought to sale and winding up court treating sale as void and refusing to confirm it, direction to purchaser to pay total sum of Rs. 6 crores to bank and official liquidator as full and final settlement, failing which appeal to be treated as dismissed : Archean Granites Ltd. v. RPS Benefit Fund Ltd. 



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