9911796707
TMI Blog2018 (1) TMI 652X X X X Extracts X X X X X X X X Extracts X X X X ..... stated above in para-4. The Official Liquidator shall issue advertisement in daily newspapers “Gujarat Samachar” in all editions of the State of Gujarat in Gujarati script and in “Times of India” in English script in Ahmedabad edition for inviting offers for sale of land of the company in liquidation. The Official Liquidator is also permitted to make payment to the concerned Advertising Agency on receipt of the bill from such agency towards advertising expenses. The action taken by the Official Liquidator for deploying 06 (six) security guards of M/s.Shubham Protection Force as per the decision taken by the members of the sale committee held on 25.05.2017 and 14.09.2017 is ratified and the Official Liquidator is permitted to make monthl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y from the fund available in the company s account. d. This Hon ble Court may be pleased to ratify the action taken by the Official Liquidator for deploying (two security guard per shift i.e. 02 x 03 = 06 Security Guards) of M/s.Shubham Protection Force as per decision was taken by the members of the Sale Committee held on 25.05.2017 and 14.09.2017, and also be pleased to permit the Official Liquidator to make monthly payment of ₹ 70,200/- (inclusive of all taxes) towards safeguarding the assets and property of the company in liquidation from the funds available with the Official Liquidator in Company s account, as stated at para 2, 3, 6 and 7 herein above. e. Such other and further orders and directions as may be consider ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tee. The valuation of the property as per the supplementary report is shown to be as under. Lot No. Description of property Estimated Fair Market Value (Rs. In Lacs) Distress Sale / Realizable Value (Rs. In Lacs) Jantri Value Rs. In Lacs 1 GIDC Vatva a Open Land 5,745.00 5,170.00 4,400.00 b Civil Structure 2.15 2.00 1.50 Total (A) 5,74 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion. Since the dates given in the schedule programme for sale have passed, the learned advocate Mr.Acharya has suggested the following schedule of the programme for sale of the assets and properties of the company. Sr.No Particulars Dates 1 Date of Advertisement 29-01-2018 2 Date of issue of Tender Forms 05/02/18 3 Date of Inspection of property 12-02-2018 between 11.30 a.m. to 4.30 p.m. 4 Last date of receipt of offer in the office of the Official Liquidator 19-02-2018 upto 4 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the meeting of the sale committee at Annexure F, finds that the prayers made in the present report could be granted. Accordingly, it is directed that for sale of the assets and properties of the company in liquidation, the upset price and EMD shall as recommended by the sale committee. The schedule programme for sale of the assets and properties of the company in liquidation shall be as stated above in para-4. The Official Liquidator shall issue advertisement in daily newspapers Gujarat Samachar in all editions of the State of Gujarat in Gujarati script and in Times of India in English script in Ahmedabad edition for inviting offers for sale of land of the company in liquidation. The Official Liquidator is also permitted to make paym ..... X X X X Extracts X X X X X X X X Extracts X X X X
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