- THIS Sale Deed made on this____________ day of _____200 by Mr. ________________Official Liquidator of XYZ CO. Ltd., a company incorporated under the Companies Act, 1956 and having its registered office at _____. Hereinafter called the Company (in liquidation) (hereinafter called the Vendor) of the ONE PART; and Mr. son of , resident of ______ (Hereinafter called the Purchaser) of the OTHER PART. WHEREAS the XYZ CO. LTD. was ordered to be compulsorily liquidated and wound up by an order dated ___________passed by Hon’ble Judge of the Bombay High Court, and the said Vendor was
appointed as its Official Liquidator. AND WHEREAS the Vendor for the purpose of and in the course of the liquidation of the said Company submitted a report dated………………… to the Hon’ble Liquidation Judge and the Hon’ble liquidation Judge vide order dated …………….. authorised the Vendor to sell the company’s properties more particularly described in the Schedule hereto by auction through M/s ………………………………… Auctioneers and the Auctioneers in the auction held on …………….. accepted the highest bid of the Purchaser subject to the approval and sanction of the Hon’ble Liquidation Court and received a sum of Rs………………….. as
deposit. AND WHEREAS the sale of the company properties mentioned in the Schedule hereto in favour of the Purchaser was sanctioned by an order dated …………………… passed by the Hon’ble liquidation Judge and the Vendor has been authorised to execute sale deed of the Company’s properties mentioned in the schedule hereto in favour of the Purchaser by the said order dated ……………………
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