:1: IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.80 OF 1998 COMPANY PETITION NO.80 OF 1998 COMPANY PETITION NO.80 OF 1998 In the matter of Companies Act I of 1956; And In the matter of M/s.Divya Lakshmi Plastic Industries Ltd. (In Prov. Liqn.) Arpan Leasing Co. Ltd. ..Petitioner. Mr.S.C.Gupta, Official Liquidator present. CORAM: S.U.KAMDAR, J. CORAM: S.U.KAMDAR, J. CORAM: S.U.KAMDAR, J. DATED: 2ND DECEMBER, 2004 DATED: 2ND DECEMBER, 2004 DATED: 2ND DECEMBER, 2004 P.C. : P.C. : P.C. : The Official Liquidator has submitted his report for confirmation of sale in favour of Sai Marketing Company. The offer for an immoveable property situated at D-83, M.I.D.C. Jalgaon, without any past liability is for Rs.4,00,000/- only. The valuation report is of much higher amount. 2. In view thereof, the offer of the Sai Marketing Company is rejected. The Official Liquidator is directed to re-advertise the said sale.