Property Owned by Mr. M. Palanisamy, Son of Mr. K. Marappa Gounder, purchased the same by an Order dated 28/11/2006 passed by the Hon'ble High Court, Madras in C.A. No: 2135/2006 in C.P. No: 17/2004, under the Certificate of Sale dated 08.12.2006, issued by the Liquidator of the High Court, Madras and registered on the file of the Sub-Registrar Office, Peelamedu
. All that piece and parcel of land measuring 77 Cents and 53 Sq.ft. or 34022 Sq.ft. out of 2 Acres and 34 Cents in G.S.No.230/2, new Town Survey Nos. 10/1055 & 10/1058 of Krishnarayapuram Village, Avinashi Road, Coimbatore South Taluk bounded on the: North of: Avinashi Road: South of: Kuppusamy Hospital, East of: Previously Properties of Mr.C.S. Rathnasabapathy Mudaliar Family & the Properties of Mr.A.G. Varadarajulu Naidu and 16 feet Pathway and now The Residency Hotel, West of: Previously Gururaja Ginning and Oil Mills and now Indian Oil Corporation Building; within the above boundaries, site measuring On the North, East to West: 112 Feet: On the South, East to West: 104 Feet 6 inches: On the East, South to North: 301 Feet: On the West, South to North: 325 Feet 10 inches. Together with building consisting of Basement, Cellar Floor, Ground Floor and Seven Floors each floor measuring 10728 Sq.ft. with Porch, Head Room and Lift Room, Generator Room, Transformer Room, Pump Room and AC Plant in Ground Floor, Overhead Tank, common area and Elevation work in all totaling 103080 Sq.ft. namely "Viscose Towers", bearing Old Door No.1078, New Door No.710, Avinashi Road, Coimbatore with all fittings and fixtures with compound wall measuring 785 RFT, the entire building bearing Tax Assessment No. 10916 with Electric Service Connection and Water Tap Connection. DTCP Approval No.77597/92/46 and lying within the Coimbatore Corporation Limits and Peelamedu Sub-Registration District and Coimbatore Registration District.