Supreme Court · 1969 INSC 303 · Decided 27 October 1969
Navalkha & Sons v. Sri Ramanya Das & ORS.
- Court
- Supreme Court of India
- Citation
- 1969 INSC 303 · [1970] 3 S.C.R. 1
- Case number
- CIVIL APPEAL No. 1085/1967
- Decided
- 27 October 1969
- Bench
- V. RAMASWAMI, I.D. DUA (2-judge bench)
- Outcome
- Case Partly allowed
- Case type
- Civil
Headnote
Companies (Court) Rules, 1959, r, 273-Sale of properties of com· pany in liquidation-Principles to be followed by Judfe exercising discretion. Jn the winding up proceedings of a company in liquidation, the official liquidator and a share-holder sought permission of the High Court for the The company Judge appointed commissioners for the sale in accordance with the terms and conditions mentioned in bis order. One of the conditions was that the proclamation of sale was to be adver­ tised twice in each of 5 leading daily newspapers. The commissioners had the proclamation
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