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2012 Supreme(Kar) 894

A.S.BOPANNA
Official Liquidator of Sree Ayyappa Chit Funds (P. ) Ltd. – Appellant
Versus
Registrar of Co-op. Societies – Respondent


Advocates:
Advocate Appeared:
Mr. K.S. Mahadevan, V. Jayaram, for the Appellant
Mr. R.B. Sathyanarayana Singh, M.K. Venkataramana, for the Respondent

ORDER

A.S. Bopanna , J.—The applicant is before this Court in this application filed under Section 468 of the Companies Act, 1956. The prayer in the application is to direct the first respondent viz., Registrar of Co-operative Societies and the Registrar General of Money Lenders to surrender the original Dhana Chakra deposit receipts to the Official Liquidator. A prayer is also made in the application to direct the first respondent to pay the damages to the Official Liquidator for unauthorisedly keeping the original Dhana Chakra deposit receipts of the company from the date of winding up i.e., 13.03.2002. M/s Lakshmi Vilas Bank with whom the amount had been deposited under the Dhana Chakra deposit scheme has been impleaded as the third respondent. The respondents have filed their objection statement and denied the contention put forth in the application. During the pendency of the instant application, the first respondent has made over the original deposit receipts regarding which the first prayer is made in the instant application, Therefore, insofar as the first prayer, the application has become infructuous.

2. Notwithstanding the said position, the applicant/Official Liquidator h











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