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44. In regard to the plea taken on behalf of the Appellants that the valuer engaged by the Official Liquidator was not a Government valuer and only a private valuer, it is to be pointed out that the valuer appointed, in C.A. No. 3013 of 2007, by order dated 22.02.2011, was authorised by Authority viz., ITCOT Industrial and Technical Corporation of Tamil Nadu, which is authorised by Government to the Banks and Financial Corporations for valuation of property. That apart, the Respondents had purchased the properties under Court Auction in Company Court and their sales were confirmed and the Official Liquidator had executed the sale deeds. As such, the contra plea taken on behalf of the Appellants is not acceded to by this Court."