THE HON'BLE SRI JUSTICE B.SESHASAYANA REDDY Company Application No.675 of 2011 5th July, 2011 Between :- M/s.Midwest (India) Industries Ltd (In Prov.Liqn) Rep. By the Official Liquidator, High Court of Andhra Pradesh, Hyderabad .. Applicant And M/s.Midwest (India) Investors Welfare Association Rep.by its President – K.Nnajundappa And another .. Respondents THE HON'BLE SRI JUSTICE B.SESHASAYANA REDDY Company Application No.675 of 2011 ORDER:- This is an application filed by the Official Liquidator representing M/s.Midwest (India) Industries Ltd (In Prov.Liqn)under Section 457(1) (c) of the Companies Act,1956 read with Rule 9 of the Companies (Court) Rules, 1959, seeking permission to sell the land to an extent of Ac.9.16 guntas in survey No.451 situated at Puppalaguda village, Rajendranagar Mandal, Ranga Reddy District, in single lot by inviting sealed tenders. Heard the learned Counsel appearing for the Official Liquidator and perused the affidavit filed in support of the application. Earlier the property has been put to auction by indicating upset price. No offers have been received in respect of Ac.9.16 guntas in survey No.451 situated at Puppalaguda village, Rajendranagar Mandal, Ranga Reddy District. Hence, this application has been moved by the Official Liquidator to put public notice inviting sealed tenders for sale of the land. In view of the reasons stated in the affidavit, the application is ordered permitting the Official Liquidator to publish the sale notice in Hyderabad editions of Sakshi (Telugu) daily newspaper, Andhra Jyothi (Telugu) daily newspaper and Deccan Chronic (English) Daily newspaper. Draft copy of the notice inviting sealed tenders (Annexure-A), draft copy of the terms and conditions of the sale (Annexure-B) and the tender form (Annexure-C) are approved. _________________________ B.Seshasayana Reddy, J 5th July, 2011 smr