M/S CONNOISSEUR BUILDTECH PVT. LTD THROUGH MR. ANIL SHARMA EX DIRECTOR vs OFFICIAL LIQUIDATOR (OL) OF M/S. CONNOISSEUR BUILDTECH PVT. LTD. & ANR.

Judgment text excerpt

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgement reserved on: 25.09.2025 Judgement delivered on: 17.10.2025 + CO.APP. 9/2022, CM APPL. 55543/2022, CM APPL. 55545/2022 & CM APPL. 12382/2023 M/S CONNOISSEUR BUILDTECH PVT. LTD. THROUGH MR. ANIL SHARMA EX DIRECTOR .....Appellant Through: Mr. Ashok Kumar Juneja & Mr. Mithlesh Kumar Singh, Advs. versus OFFICIAL LIQUIDATOR (OL) OF M/S. CONNOISSEUR BUILDTECH PVT. LTD. & ANR. .....Respondents Through: Ms. Ruchi Sindhwani, SSC for Official Liquidator with Ms. Megha Bharara, Adv. CORAM: HON'BLE MR. JUSTICE ANIL KSHETARPAL HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR JUDGEMENT HARISH VAIDYANATHAN SHANKAR J. 1. The present Appeal, filed under Section 483 of the Companies Act, 1956 1 , assails the Order dated 20.04.2022 2 passed by the learned Single Judge in Company Application No. 717/2018 (filed by Respondent No. 1) and Company Application No. 899/2018 (filed by 1 Companies Act 2 Impugned Order Signature Not Verified Digitally Signed By:HARVINDER KAUR BHATIA CO.APP. 9/2022 Page 1 of 14 Signing Date:17.10.2025 19:44:05 Respondent No. 2), both arising out of Company Petition No. 671/2014 titled Kiran Gulati v. M/s. Connoisseur Buildtech Pvt. Ltd. 2. By the Impugned Order, the learned Single Judge directed the Appellant Company to bear and deposit, within one week, the entire expenses incurred by the Official Liquidator towards securing the property bearing Plot No. GH-12A, Sector-1, Greater Noida, Uttar Pradesh 3 . The Order further provides that, in the event of non- compliance, Respondent No. 1/Official Liquidator would be at liberty to initiate steps for liquidation of the Appellant Company’s assets. 3. The Appellant, however, disputes this determination and asserts that the subject property has been wrongly identified