The Adjudicating Authority held that in the case at hand, when informed about the encroachment on the properties by the Successful Resolution Applicant, the Monitoring Committee consciously refused to write letters to the Revenue Authorities to prevent such encroachment there by abetting an act which will greatly diminish the value of the assets of the corporate debtor. In the course of the present proceedings, nothing has been brought on record to suggest that the RP and subsequently the Monitoring Committee took any step to protect the property of the Corporate Debtor from encroachment. It is observed that the official liquidator cannot and does not hold any guarantee or warranty in respect of the property sold. That is because the official liquidator proceeds on the basis of what the records of the company in liquidation show. Thus, it is for the intending purchaser to satisfy himself in all respects as to the title and encumbrances and so forth of the immovable property that he proposes to purchase.