In absence of irregularity no interference by HC in sell of property by Company Court

HIGH COURT OF MADRAS Mettur Textiles Mill Quarters Residents Welfare Society versus Official Liquidator O.S.A. Nos. 222 and 223 of 2012 SEPTEMBER  6, 2012 JUDGMENT P. Jyothimani, J. These appeals are directed against the order of the learned single judge in dismissing the applications filed by the appellant, to wit Mettur Textiles Mill Quarters Residents Welfare Society, on the ground that the appellant/ society has been whiling away its time from 2009 when an advertisement was issued for sale of properties of the company under liquidation relating to Item No. 7 comprising o...