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High Court of Gujarat · body

2025 DAILYLAW 7478 (GUJ)

O.L. OF M/S. AHMEDABAD MFG. AND CALICO PRINTING MILLS CO. LTD. (IN LIQN) v. M/S SYMCOM INFRASTRUCTURE PVT. LTD.

OLR/73/2025 · 2025-12-12

Mauna M Bhatt

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

C/OLR/73/2025 ORDER DATED: 12/12/2025 IN THE HIGH COURT OF GUJARAT AT AHMEDABAD R/OFFICIAL LIQUDATOR REPORT NO. 73 of 2025 In R/OFFICIAL LIQUDATOR REPORT NO. 52 of 2023 ================================================================ O.L. OF M/S. AHMEDABAD MFG. AND CALICO PRINTING MILLS CO. LTD. (IN LIQN) Versus M/S SYMCOM INFRASTRUCTURE PVT. LTD. ================================================================= Appearance: BHOOMI M THAKORE(6237) for the Applicant(s) No. 1 ================================================================== CORAM:HONOURABLE MRS. JUSTICE MAUNA M. BHATT Date : 12/12/2025 ORAL ORDER 1. Heard Ms. Bhoomi M, Thakore, Learned Advocate for the Applicant, Official Liquidator. 2. By this report the Official Liquidator submitted as under:-- (A) “This Hon’ble Court may be pleased to approve the draft conveyance deed as submitted by Jani & Co., Solicitors & Advocate, on behalf of M/s. Symcom Infrastructures Pvt. Ltd., at Annexure – “D” to this report with or without such modifications or alterations as may be considered appropriate by this Hon’ble Court. (B) This Hon’ble Court may be pleased to permit the C/OLR/73/2025 ORDER DATED: 12/12/2025 Official Liquidator to execute the conveyance deed as per draft conveyance deed as may be approved by this Hon’ble Court subject to condition that, the Stamp Duty, Registration Charges and all other expenses incidental to the execution and registration of the sale deed shall be borne and paid by the purchaser. (C) This report submitted for such other and further orders and direction as may be considered just and appropriate by this Hon’ble Court may also be passed.” 3. It appears from the records that this Court vide order dated 11.08.2023 passed in OLR No. 10 of 2023 was pleased to permit the Official Liquidator to publish sale proclamation in Newspapers to invite offers from intending purchasers for sale of various assets of the company in liquidation including approximately 1689 Sq. Mtrs., freehold , N.A. with Residential use land along-with Civil Construction theeon situated at Nr. Police Quarters, Danilimada, Behrampura, Ahmedabad. In compliance of the said order, the Official Liquidator had published sale proclamation in various newspapers and in response of the said sale proclamation, the Official Liquidator received offer from intending purchasers to purchase aforesaid premises of the company in liquidation. Page 2 of 4 C/OLR/73/2025 ORDER DATED: 12/12/2025 4. Thereafter, vide order dated 26.06.2024 passed in Official Liquidator’s Report No. 52 of 2023 this court confirmed the sale of approximately 1689 Sq. Mtrs., freehold , N.A. with Residential use land along-with Civil Construction theeon situated at Nr. Police Quarters, Danilimada, Behrampura, Ahmedabad in favour of M/s. Symcom Infrastructures Pvt. Ltd for sale consideration of Rs.4,82,00,000/-. On receipt of the entire consideration, the Official Liquidator handed over the physical possession of aforesaid properties to authorized representative of M/s. M/s. Symcom Infrastructures Pvt. Ltd. 5. M/s. Symcom Infrastructures Pvt. Ltd, thereafter forwarded letter dated 25.09.2025 with draft conveyance deed and letter dated 24.09.2025 of M/s. Jani & Co., Solicitors & Advocates wherein it is stated that they have vetted and approved the draft of sale deed on behalf of their client i.e. M/s. Symcom Infrastructures Pvt. Ltd and same is as per advertisement of sale and terms and conditions of sale. Hence, the purchaser requested to approve the draft of conveyance deed for execution. 6. The report indicates that the Official Liquidator forwarded the said draft conveyance deed to Ms. Bhoomi Thakore, Ld. Panel Advocate for vetting and approval. Ld. Panel Advocate has approved the draft conveyance deed. Page 3 of 4 C/OLR/73/2025 ORDER DATED: 12/12/2025 7. Having considered the averments made in the present report of the Official Liquidator and the submissions of the Ld. Advocate for the Official Liquidator, the prayers of the report are allowed and the draft conveyance deed as submitted by M/s. Jani & Co., Solicitors & Advocates on behalf of the M/s. Symcom Infrastructures Pvt. Ltd at Annexure “D” to this report is hereby approved subject to the condition that the Stamp Duty, Registration Charges and all other expenses incidental to the execution and registration of the sale deed shall be borne and paid by the purchaser. 8. Accordingly, the report is allowed in the aforesaid terms. (MAUNA M. BHATT,J) SHIVANI SHUKLA/31 Original copy of this order has been signed by the Hon'ble Judge. Digitally signed by: SHIVANI SHUKLA(HC02350), ENGLISH STENO GRADE-II\, at High Court of Gujarat on 12/12/2025 18:15:22