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ANIRUDDHA P. MAYEE
OL of M/s Alka Fiber Private Limited (In Liqn) – Appellant
Versus
State Bank of India – Respondent
ORDER :
1. The Official Liquidator for M/s.Alka Fiber Pvt. Limited (in liquidation) has submitted the following report :
2. That upon receipt of the said winding up order, the Official Liquidator deputed his official at the office of the Registrar of Companies, Ahmedabad (Gujarat), for taking inspection of the records available at the office of the Registrar of Companies, Ahmedabad to ascertain the details of the registered office, assets of the company and the particulars of the Ex-Directors and secured creditors, etc. of the company (in liquidation). While taking inspection of the concerned file of the company (in liquidation) with the ROC, Ahmedabad, it was observed that there are only two secur
The Court's decision emphasized the importance of following legal procedures in the winding up of a company and the consequences of non-compliance by the Ex-Directors.
The court established that a transfer of property made more than two years before an adjudication of insolvency is not void under Section 55 of the Presidency Towns Insolvency Act, and that the insol....
The tribunal has exclusive jurisdiction under the insolvency code to order the eviction of occupants from a corporate debtor’s assets. This authority is a mandatory statutory duty that overrides stat....
Unregistered agreements do not confer rights under the Transfer of Property Act; claims in insolvency must follow IBC regulations.
Defendants' unauthorized occupation of property post-termination of license leads to entitlement of the plaintiff for recovery of possession and constitutes grounds for inquiry into mesne profits.
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