Fairgrowth Financial Services Ltd vs Custodian & Anr

The Supreme Court upheld the Special Court's order under Section 3(2) of the Special Courts (Trial of Offences relating to Transactions in Securities) Act, 1992, allowing the disposal of the appellant's tenancy rights due to outstanding liabilities. The Court found no merit in the appellant's claim that there were no liabilities, affirming the acceptance of the landlord's highest offer of Rs.75 Lacs for the tenancy rights. The Court modified the order to require the landlord to deposit a total of Rs.78,92,000/- within eight weeks, ensuring the appellant's tenancy rights were surrendered accordingly.