filed by these respondents. In these circumstances, the Receiver appointed by the DRT may continue to manage the affairs of the Company. The provisions ... repugnant to the order already passed by the DRT. The receiver appointed by the DRT is in full control of the affairs and financial operations
avoid the appointment of a receiver temporarily, subsequently, the court appointed a receiver for the property charged to the bank, i.e., the factory premises ... strike and the factory premises have been taken over by the receiver appointed by the Bombay High Court. The respondents will pay off the dues
excluded. However, on an application by IDBI, Bombay High Court appointed a Receiver of the various assets of the company and he has taken over ... award made by the arbitrators would only go to the receiver appointed by the Bombay High Court.
12. The learned counsel further submitted: The reliance
superseded the board of directors of the company and appointed Advocate Receiver to conduct an extraordinary general body meeting in order to elect a fresh ... meeting held on 20-6-1998 in the presence of Advocate Receiver appointed by the High Court. Thus the election of Directors in the meeting
creditors. Shri P. N. Dutta, and Mr. Ranjit Mitra, were appointed as joint receivers over the assets and properties of the said firm and receivers ... directors. During the proceedings being conducted by the receivers appointed by the hon'ble Calcutta High Court that for the first time Mr. Mayank
director at the board meeting held on June 12, 1995. He was appointed as director at the annual general meeting of the company held ... held on September 26, 1996, in the presence of the court receiver appointed by the court in OS No. 3662 of 1996 on the file
appointment of a Receiver, has held that the power to appoint a receiver is not to be generally exercised as matter of course and that ... harm to appoint a receiver is no reason for allowing an application. Similarly in Purna Investments Ltd. v. Southern Steelmet & Alloys
should be declared as null and void and a Receiver or Administrator be appointed to take over the management of the company. Otherwise, the respondents ... respondent has sought for rendition of the accounts and appointment of a Receiver etc. in respect of the firm Rajaram Maize Products which is presently
Criminal Procedure Code in which the court appointed a receiver to take possession of the petrol pump and later on closed the case by directing ... managing director respectively for a long time. The first respondent was appointed as director in 1988 and he also functioned as the accountant
accounts were not adopted by the members, the agenda relating to appointment of the auditor as well as directors was transacted. The respondents ... lakhs per share. In the alternative, the CLB may appoint a Receiver to value the landed property, sell the same and distribute the sale proceeds
