HON’BLE SRI JUSTICE B. SESHASAYANA REDDY COMPANY APPLICATION No.354 of 2011 ORDER: This application has been filed by the Official Liquidator representing M/s. Sirsilk Ltd.,(in liquidation) seeking confirmation of the sale of land admeasuring Ac.34.63 cents comprising survey Nos.202, 204, 207, 208, 211, 212, 213, 219, 220, 221, 222, 224, 225, 226, 227 & 239 at Kosini village, Sirpur Kaghaznagar, Adilabad District. This Court by order dated 18.04.2009 in C.A.No.343 of 2009 permitted the Official Liquidator to advertise the gist of the proposed sale of the assets of the company in Electronic Media of T.V.5 and T.V.9, Telugu channels, and T.V.9 of Marathi channel. The Official Liquidator pursuant to the directions given in C.A.No.343 of 2009 put the property to auction and one Sri V.Satyanarayana stood as the highest bidder having offered Rs.1,80,00,000/-. He also deposited Rs.6,92,000/- as interest for delayed payment. No objections have been received from any quarter with regard to the auction held by the Official Liquidator in respect of Ac.34.63 cents detailed supra. In that view of the matter, I do not see any impediment in confirming the sale of land admeasuring Ac.34.63 cents comprising survey Nos.202, 204, 207, 208, 211, 212, 213, 219, 220, 221, 222, 224, 225, 226, 227 & 239 at Kosini village, Sirpur Kaghaznagar, Adilabad District in favour of Sri V. Satyanarayana. The Official Liquidator is permitted to execute the necessary sale deed for the said land in favour of Sri V. Satyanarayana or his nominees. Accordingly, the Company Application is ordered. ______________________________ JUSTICE B. SESHASAYANA REDDY 19th April, 2011 VJL