order under challenge.
8. Added further the learned senior counsel that ITCOT Consultancy and Services Limited was entrusted with the work of valuation and preparation ... aside on this ground; that in the valuation report prepared by ITCOT Consultancy and Services Limited, they have categorically stated that the valuation
Appraisal) report from
Industrial and Technical Consultancy Organisation of Tamil Nadu Limited
(ITCOT). As the officials of the ITCOT informed that they are not
competent ... India. The
petitioner informed the second respondent about the inability of ITCOT to
prepare appraisal report and at the same time submitted the appraisal report
present appellant participated.
2. List on 04.04.2025."
5. Thereafter, report of ITCOT dated 15.04.2025 was received,
as per which incidentally, the property ad-measures ... order was passed on 17.04.2025:-
"We have perused the valuation of ITCOT of
the subject property i.e. at Chokkampatti, Poigai
Village ad-measuring
environmental study before acquisition and environmental study has been undertaken by ITCOT Consultancy Services.
Even after the transfer of lands 1127.00 acres, there is balance ... that before transfer of lands, environmental study has been undertaken by the ITCOT Consultancy Services Limited on various aspects. Placing reliance upon
date, jointly with the respective owners. ARCIL has also appointed M/s. ITCOT Consultancy Services, a Government of Tamil Nadu undertaking as the custodian ... said properties and the security personnel appointed by ITCOT are available in the property along with the security of the owners.
(iv) that the dispute
order dated
26.07.2017 made in W.P.No.11777 of 2017)
13.ITCOT Consultancy and Service Ltd.,
50-A, Greams Road,
Chennai ... December 2016 - Fixed Asset Valuation by ITCOT Consultancy and Services
Ltd., a body of independent experts nominated by Banks pursuant to order dated
27.04.2016 made
Reconstruction Company
(India) Ltd.,
Shreepati Arcade, Nana Chowk,
Mumbai-400 036.
3. ITCOT Consultancy and Services
Ltd., No.9A, III Floor, Wellingdon Estate,
53, Ethiraj ... sale process and further directed the second respondent to appoint M/s.ITCOT Consultancy & Services Limited to value the assets in the presence
works under the control of the Company Court, obtains valuation from the ITCOT and other authorised agency and not private valuers, that will ensure protection ... adequate, we have directed the Official Liquidator to obtain valuation from ITCOT. Accordingly, the Official Liquidator has also produced the valuation as per the valuation
petitioner company carried out a Techno-Economic Viability (TEV) study, done by ITCOT, Chennai, regarding the feasibility of the said project, along with the issue ... petitioner-Company, the study report, submitted in February, 2013, by ITCOT, suggested the banks to sanction loan for the power plant to make the industry
raised by the applicant, the same was taken up to the Valuer (ITCOT), who has also given a reply. It is the report ... during survey of land along with revenue records. The valuation report from ITCOT was also obtained.
25. The applicant has raised many objections