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High Court of Gujarat · body

2025 DAILYLAW 3778 (GUJ)

DEVBHOOMI AGRIFRESH PVT LTD v. OL OF ARYODAY SPG. AND WVG. MILLS CO. LTD.

COMA/22/2025 · 2025-07-04

Mauna M Bhatt

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

C/COMA/22/2025 ORDER DATED: 04/07/2025 IN THE HIGH COURT OF GUJARAT AT AHMEDABAD R/COMPANY APPLICATION NO. 22 of 2025 In R/OFFICIAL LIQUDATOR REPORT NO. 42 of 2024 ========================================================== DEVBHOOMI AGRIFRESH PVT LTD Versus OL OF ARYODAY SPG. AND WVG. MILLS CO. LTD. & ORS. ========================================================== Appearance: MR SAURABH M PATEL(5019) for the Applicant(s) No. 1 MR BIJU A NAIR(5703) for the Respondent(s) No. 2 MR DHAWAN M JAYSWAL(5878) for the Respondent(s) No. 1 MR DS VASAVADA(973) for the Respondent(s) No. 3 ========================================================== CORAM:HONOURABLE MRS. JUSTICE MAUNA M. BHATT Date : 04/07/2025 ORAL ORDER 1. This application is filed to approve and vet the ‘Draft Conveyance Deed’ in favour of the applicant. It is case of the applicant that the applicant has paid entire consideration along with penal interest as directed by this Court under order dated 17.02.2025 through RTGS. 2. Therefore, in view of the payment made as directed by this Court vide order dated 17.02.2025, learned advocate for the applicant submitted that he may be permitted to execute the ‘Draft Conveyance Deed’ and prior thereto, he may be permitted to take possession of the subject property. Thus, it is case of the applicant that on the payment of consideration made as per the Sale Proclamation dated 27.06.2024, he may be permitted to take possession of subject property and execute C/COMA/22/2025 ORDER DATED: 04/07/2025 the sale deed in his favour. 3. This aspect could not be disputed by learned advocate Mr. Dhawan Jayswal appearing for Official Liquidator. Learned advocate Mr. Jayswal submitted that pursuant to directions of this Court dated 17.02.2025 the applicant has paid the amount as per the sale proclamation dated 27.06.2024 in the office of Official Liquidator and therefore they do not have any objection if the Conveyance Deed is executed in favour of the applicant and also the possession is handed over to the applicant. 4. Learned advocate Mr. Jayswal submitted that general procedure adopted is to handover the possession and thereafter to enter into the execution of conveyance deed. 5. Learned advocate for the applicant submitted that they will follow the due process. 6. Accordingly, the applicant is permitted to execute the Conveyance Deed in its favour and also to take possession of the subject property. 7. With the above directions, present application is disposed of. (MAUNA M. BHATT,J) SHRIJIT PILLAI Original copy of this order has been signed by the Hon'ble Judge. Digitally signed by: PILLAI SHRIJIT P(HC01400), PRIVATE SECRETARY, at High Court of Gujarat on 04/07/2025 15:37:14