THE HON'BLE SRI JUSTICE B.SESHASAYANA REDDY Company Application No.1847 of 2011 15th December, 2011 Between :- V.Praveen Kumar Reddy .. Applicant And M/s.Commercial Benefit Corporation And 7 others firms (in Liqn) Rep.by the Official Liquidator, High Court of Andhra Pradesh, Hyderabad .. Respondent THE HON'BLE SRI JUSTICE B.SESHASAYANA REDDY Company Application No.1847 of 2011 ORDER:- This application has been taken out under Rule 9 of the Companies (Court) Rules, 1959 by V.Praveen Kumar Reddy who is the auction purchaser seeking direction to the Official Liquidator to execute sale deed in his favour. The Official Liquidator placed on record his report. Heard learned Counsel appearing for the applicant and the learned Counsel appearing for the Official Liquidator representing M/s.Commercial Benefit Corporation (in Liqn). The applicant became the highest bidder for Ac.2.80 cents in Sy.Nos.568/1D, 566/2. 567/3, 568/2C3, 571/3 situated at Basinikonda village, Madanapalle, Chittoor District, having offered an amount of Rs.1,20,50,000/-. The applicant paid the entire amount of Rs.1,20,50,000/- along with interest. The sale in his favour has been confirmed. In that view of the matter, there cannot be any impediment in directing the Official Liquidator to execute a registered sale deed in favour of the applicant in respect of Ac.2.80 cents in Sy.Nos.568/1D, 566/2. 567/3, 568/2C3, 571/3 situated at Basinikonda village, Madanapalle, Chittoor District, and handover the possession of the same to him. Accordingly, the Company Application is ordered. _________________________ B.Seshasayana Reddy, J 15th December, 2011 smr