COMP.A No. 26 of 2026 __________ Page1 of 3 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 14-08-2026 CORAM THE HON'BLE MR.JUSTICE K.KUMARESH BABU COMP.A No. 26 of 2026 IN CP NO. 254 OF 1997 Pradeep Kothari No.21 (Old No.11), 1st Floor, Coats Road, T.Nagar, Chennai - 600 017 ..Petitioner(s) Vs The Official Liquidator Represnted M/s.Moolchand Exports Ltd., 'Corporate Bhavan', 2nd Floor, No.29, Rajaji Salai, Chennai - 600 001. ..Respondent(s) PRAYER:- Company Application filed to pass an order to direct the Respondent/ Official Liquidator to take necessary steps and consequently file appropriate applicants for cancellation of the power of attorney dated 21.05.2012 and all other transactions commissioned with it within a time limit fixed by this Honourable Court. For Petitioner(s): Mr.K.Hari Shankar for Mr. Gaurav Chatterjee M/s.NATHAN AND ASSOCIATES For Respondent(s): Mr.Chola Rajan Deputy Official Liquidator ORDER In the present Application, a Report had been filed indicating that the Power of Attorney had been executed in respect of the company’s property https://www.mhc.tn.gov.in/judis COMP.A No. 26 of 2026 __________ Page2 of 3 pending the liquidation proceedings and on the strength of the Power of Attorney, the sale deeds have also been executed in Document Nos.361 & 2593 of 2012 on the file of the SRO, Manamadurai. 2. In such view of the matter, the Official Liquidator is directed to take necessary steps noting that the Power of Attorney had been used to sell the property of the property of the company which had been the subject matter of the liquidation from the year 1997. The Official Liquidator is directed to take necessary steps to effect cancellation of the sale deed. 3. For the aforesaid direction, the present application is disposed of. 14-08-2026 (2/3) Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No GBA https://www.mhc.tn.gov.in/judis COMP.A No. 26 of 2026 __________ Page3 of 3 K.KUMARESH BABU, J. GBA COMP.A No. 26 of 2026 IN CP NO. 254 OF 1997 14-08-2026 (2/3) https://www.mhc.tn.gov.in/judis