Sale of Land in Madanapalle via Official Liquidator E-Auction
- Document
- Notice
- Dated
- 20 Aug 2026
- Effective
- 16-09-2026 (date of e-auction)
This page was written by Patron Accounting’s AI from the official release and reviewed before publishing. It explains the document in plain language. It is not the document itself. Where this page and the original differ, the original governs.
In short
This notice announces the sale of three land parcels in Madanapalle, Andhra Pradesh, through an online auction managed by the Ministry of Corporate Affairs (MCA) Official Liquidator. It exists to invite potential buyers to bid on these assets, which are being sold as part of the liquidation process for Commercial Benefit Corporation and other firms.
What has changed
How it worked before
There was no such rule or auction process for these specific properties until the High Court of Andhra Pradesh issued an order on 13-07-2026. This is a new, one-time sale notice for these specific assets.
What has changed
The Official Liquidator is now accepting bids for three specific plots of land on an 'as is where is' basis, meaning you accept the property in its current condition. You must now follow a formal online bidding process rather than a traditional private sale.
Who this affects
This affects prospective property buyers or investors interested in purchasing land located in Madanapalle, Andhra Pradesh. It also serves as a formal notice to creditors and former directors of the companies currently in liquidation.
What you should do
If you wish to bid, you must pay a non-refundable participation fee of Rs. 2,000 and an Earnest Money Deposit (a security deposit to show intent) by 10-09-2026. You must then submit your online bid form and supporting documents through the official auction website by 11-09-2026.
The original document
| Issued by | MCA |
|---|---|
| Document | Notice |
| Full title | Notice for sale of assets / properties i.e. 3 bits of land located at Madanapalle, Andhra Pradesh through e-auction |
| Issued on | 20 August 2026 |
| Effective | 16-09-2026 (date of e-auction) |
About Patron Accounting LLP
Patron Accounting LLP is a CA and CS-led accounting and compliance firm that has been working with businesses across India since 2019. We handle the work that keeps a company correct with every department it answers to: day-to-day bookkeeping and accounting, GST registration and returns, income tax filing and assessments, TDS, payroll and PF/ESI, company and LLP incorporation, ROC and MCA compliance, statutory and internal audit, physical stock and inventory audits, trademark and other registrations, and the certificates and reports that banks, buyers and regulators ask for.
Our clients range from a first proprietorship registering for GST to established companies running operations across several states. Much of our work is exactly this: reading what a department has published and telling a business, in plain terms, whether it changes anything for them.
We operate from five offices and serve clients across the rest of India remotely:
- Pune (HQ): RTC Silver, B4-708, Sai Satyam Park, Wagholi, Pune, Maharashtra 412207
- Mumbai: 104, Rajshila Building, 597 J.S.S. Road, Marine Lines, Mumbai 400002
- Delhi: 3rd Floor, B-6/154-155, Sector 5, Rohini, Delhi 110085
- Gurugram: Pioneer Urban Square, B109, Golf Course Ext Road, Sector 62, Gurugram 122098
- Ahmedabad: Phoenix Tower, 1107, near Commerce Six Road, Drive In Road, Navrangpura, Ahmedabad, Gujarat 380009
If anything on this page affects you and you would like somebody to look at your own position, we are glad to help. Call +91 94594 56700, write to sales@patronaccounting.com, or visit patronaccounting.com. The first conversation costs nothing.