M/S SUCHIT PAVITRA(SARASUR) IND.CO-OP vs OFFIICIAL LIQUIDATOR . — SLP(C) No. 10881/2012

Case under Section I-B. Status: Disposed.

Disposed

CNR: SCIN010065222012

Filing Date

22-Feb-2012

Registration No

SLP(C) No. 10881/2012

Diary Number

6522/2012

Order Date

31-Jan-2013

Document Type

ROP - of Main Case

Disposal Type

Dismissed

Last updated 05-Jul-2026

Acts & Sections

Section I-B

Petitioner(s)

  1. 1.M/S SUCHIT PAVITRA(SARASUR) IND.CO-OP

    Adv. JATIN ZAVERI (Dead / Retired / Elevated)

Respondent(s)

  1. 1.OFFIICIAL LIQUIDATOR .

    Adv. B. K. SATIJA VIKASH SINGH MOHIT PAUL VENKITA SUBRAMONIAM T.R RAVINDRA KUMAR (Dead / Retired / Elevated)

Case History

  1. Case disposedDisposed

  2. 31-Jan-2013

    ROP - of Main CaseView PDF

  3. 24-Jan-2013

    ROP - of Main CaseView PDF

  4. 30-Nov-2012

    ROP - of Main CaseView PDF

  5. 23-Nov-2012

    ROP - of Main CaseView PDF

  6. 01-Aug-2012

    ROP - of Main CaseView PDF

  7. 11-May-2012

    ROP - of Main CaseView PDF

  8. 26-Mar-2012

    ROP - of Main CaseView PDF

  9. 22-Feb-2012

    Case filed

    Registration No. SLP(C) No. 10881/2012

View Full Judgment
casestatus.in Summary

Case Summary: SLP(C) No. 010881/2012 The Supreme Court dismissed the petitioner's special leave petition challenging a High Court order that rejected its appeal regarding a land auction for Continental Textile Mills Limited (in liquidation). The petitioner, the highest bidder at ₹41.05 crores in February 2007, had defaulted on deposit deadlines, leading to cancellation of its bid in favor of competing offers. The Court directed the Company Court to conduct a fresh public auction with stringent terms: ₹40 crores refundable deposit required for participation, full bid amount payable within 48 hours via demand draft, and forfeiture of security deposit if payment fails. The auction must conclude within two months. The petitioner's deposited amount (₹41.05 crores) shall be refunded with accrued interest within one month. This case analysis is maintained by casestatus.in based on publicly available court records.

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