M/S. Lalit Polymers and Elctronics Ltd. ,Pune v. the Official Liquidator Mumbai and Anr.
Case brief
What is this about?
The High Court allowed the appeal and recalled the order recalling an order of the Company Judge declining interim stay. This decision followed the withdrawal of winding up recommendations by the Appointee Authoriti
What did the court decide?
The winding up order is recalled. The Official Liquidator may recover expenses before handing over the company.