45 lakhs.
45 lakhs.
When the matter was carried in appeal, the Division Bench passed the order on May 5, 1993, to the following effect.
1.50 crores.
The highest bidder should deposit the balance amount on the same day before the working hours are closed.
13A, Block 4, Asaf Ali Road, New Delhi, to sale.
The learned single judge is requested to companyduct the auction afresh between the parties immediately after the reopening after the pooja holidays fixing the upset price at Us.
1.10 crores on the same day and in terms thereof the appellant had already obtained a registered deed of companyveyance.
No appeal thereon shall be entertained on any ground whatsoever.
On deposit so made the companyrt would companyfirm the sale.
The learned companypany judge rejected the offers made in the tenders and in the open auction it fetched Rs.
Conditions Nos.
Ultimately when the matter was brought to this Court, by our order dated April 4, 1995, we sic sell the plot by open auction between the appellant and Satpal Maim, the second respondent and we fixed the upset price at Rs.
In the second auction the appellant became the highest bidder for Rs.
1.10 crores.
9 and 11 read thus The sale would be subject to such modification alteration of terms and companyditions of sale as the honble companyrt deem fit and proper and the decision of the High Court shall be final.
25 lakhs shall be deposited on or before October 11, 1993, making up the total sum of Rs, 1.50 crores.
Against the order dated May 26,1993, this appeal by special leave has been filed.
Ramaswamy, J. Leave granted.
In winding up proceedings of India Electric Works Ltd., the learned companypany judge, Calcutta High Court, brought one of its assets, Plot No.
The terms and companyditions set out by the learned companypany judge, were published before publishing for sale.
