Authority: Division Bench (Court)
Order Date: 17 April 2026
Case Overview
- Parties: Senthilkumar Ramamoorthy, J. (auction purchaser) and Fairdeals Supplies Limited.
- The auction purchaser’s counsel states that an earnest money deposit of Rs 3.25 crore was remitted on 20 January 2026 and seeks confirmation of the sale.
- Fairdeals Supplies Limited’s counsel indicates that there is no stay of the auction sale by the Division Bench, but an appeal in C.P. No.17 of 2004 is pending and likely to be listed around 20th of the month.
- The counsel for Fairdeals requests that the matter be listed on 5 June 2026 despite the pending appeal.
Final Outcome
- The court acknowledges the absence of a stay order and agrees to list the matter on 5 June 2026 as requested, pending the appeal.
Topics: Auction Sale Confirmation, Earnest Money Deposit