presented and
therefore, is void as per the provisions of Section 536 (2) of the Companies
Act, 1956. According to applicant, the sale, therefore ... void.
5 Shri Jagtiani, counsel for Official Liquidator submitted :
that under Section 536 of the Companies Act, 1956, any
disposition of the property after
Company Court
under Section 446 of the Companies Act 1956 is also taken away, meaning
thereby Sub- section 2 of Section 531 of the Companies ... Official
Liquidator and intervenors), Section 531A of Companies Act 1956 would, in
any case, be inapplicable. Section 536(1) of the Companies
that suit has been withdrawn also.
3 This application is under Section 536 (2) read with Section 537
of the Companies Act 1956. Admittedly, some ... fairness agreed. Subsequently these properties
have been further disposed. Under Section 536 (2) , any disposition of the
property after commencement of winding up shall
M/S.Supreme Hydro Engineering Pvt Ltd vs M.V.Tag7 [Imo:9379002] And
DATE : 03rd OCTOBER, 2018
P.C.:
. This application is under Section 536(2) of the Companies Act, 1956 to
ratify the sale of the office ... sale. Otherwise, the transaction as it is
already void under Section 536(2), the Court should put up the said premises for
re-auction
referred to
in this application as void under the provisions of Section 536 (2) of the
Companies Act, 1956.
2 Official Liquidator's Report
take
out an application for validating the transaction as required under Section
536 (2) of the Companies Act, 1956. Ms. Phene further states that
Solitaire Marine And Offshore Pvt. Ltd vs M.V.Pristine Gv (Imo No. 9118422) And
Dvb Group Merchant Bank (Asia) Ltd vs M. V. Malaviya Twenty Three Imo No ... on
Raj Shipping Agencies vs Barge Madhwa And Anr on 19 May, 2020
Author: K.R
