what rate.
22. With regard to first aspect, the Court had appointed ITCOT,
Chennai, as expert valuers to visit the factory at Patiala and also ... lacs. Subsequently, vide order dated 3rd
October, 2008, ITCOT was asked to assess the fair market value
of the said plant and equipment, including lines
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
should have conducted an Impact Assessment Study. The project report prepared by ITCOT Consultancy and Services Ltd., a private consulting agency was made up only
products in the district of
Kanchipuram (Tamilnadu). This project was appraised by ITCOT Consultancy and
Services Ltd. This agency in its techno feasibility report observed
contributories; that it is to be noted that the valuation given by ITCOT is very low; that the Official Liquidator cannot bring the entire properties ... Company Court directed the Official Liquidator to value the properties through ITCOT. Following the same, on 24.9.2008, an order was passed by the Company Court
