THE REGISTRAR COOP. SOCIETIES Vs. HEM RAJ

JUDGEMENT

(1.) THE instant application is preferred on behalf of the applicant - auction purchaser for direction to the Chandigarh Administration to refund the amount of the auction price already deposited alongwith interest @ 18% in respect of Plot No.377, Industrial Area, Phase -I, Chandigarh.

(2.) THE Central Cooperative Consumer Store Ltd. (hereinafter to be referred as 'the Super Bazar ') was owner of properties including Plot No.377, Industrial Area, Phase -I, Chandigarh. The Super Bazar went into financial difficulties. Ultimately, a winding up order was passed on 10.10.2000 under the Punjab Cooperative Societies Act, 1961 (as applicable to UT, Chandigarh). The legality and the validity of the winding up order is subject matter of challenge in the present Letters Patent Appeal.

(3.) ON the basis of the report of the Committee, this Court confirmed the sale in favour of the applicant on 29.04.2013, when the following order was passed: