held that "once Official Liquidator had been appointed as the Provisional
Liquidator of the company in liquidation, he should have been associated
with ... Company (India) Ltd. supra, following
Rajasthan Financial Corporation held that a securitization company if
seeks to sell the assets of a debtor company in liquidation
respondent company. Accordingly, the Court appointed the official liquidator as the provisional liquidator of the respondent company to take charge of the assets and records ... inter alia, under Section 542 of the Companies Act, against the Managing Director of the company in liquidation Sh. Sunil Shakt. The case
Kapur was the Managing Director of the said company. The company went into voluntary liquidation on 26-10-1953 and Shri Hardit Singh Giani ... ground that the company's claim against him is unfounded, it is a proceeding against the company, but where the company has started
petition, vide order dated
18.01.2018 and appointed the Official Liquidator as the liquidator. The
Official Liquidator was directed to take all necessary steps including ... provisional liquidator or
liquidator, such matters cannot be transferred to NCLT. However, where
the OL has not been appointed as provisional liquidator or liquidator
company and directed to take charge of the
assets of the company.
4. The appellant claims, that the company in liquidation had engaged ... protect the company,
provided evidence is produced about such compulsion; it was further held
that the assets of the company (in liquidation) cannot be disposed
passed on 29.08.2003 on which date the Official Liquidator was
appointed as the liquidator of the company. Pursuant to a sale
proclamation, certain lands belonging ... company. In the said affidavit, it
was also stated by him that the lands were purchased by JVG Finance
Ltd., the company in liquidation, from
company is effected to realise and consolidate
assets of the companies in order to ensure the interest of creditors
of the company in liquidation ... creditors, contributories or the company in liquidation.
70. Liquidation proceedings relates to all affairs of the company.
The liquidator takes over all assets
held that "once Official Liquidator had been appointed as the Provisional
Liquidator of the company in liquidation, he should have been associated
with ... Company (India) Ltd. supra, following
Rajasthan Financial Corporation held that a securitization company if
seeks to sell the assets of a debtor company in liquidation
stated that the Official Liquidator was appointed as a
Provisional Liquidator to the company (in liquidation) vide order
dated 15.07.2013 and was directed to take ... Companies Act, 19561
before the Company Law Board, New Delhi2 as against Ms. Manju
Kawar, Ex-Director of the company (in liquidation) seeking certain
reliefs
Companies (Court) Rules, 1959 dated 16.09.2016, in Company
Petition No.357/2015, issued to Mr. Manoj Srivastava, Ex-Director
of the company in liquidation ... cash transactions,
Ex-Directors of the company have sold immovable property
belonging to the company in liquidation and received the proceeds
qua the same
