Disposed
International Asset Reconstruction Company Pvt. Ltd. as a Trustee of IARC-BOB-01/07 Trust v. the Official Liquidator for Otoklin Plants and Equipments Ltd.
Bombay HCCA/266/2012
Case brief
AI extract
What is this about?
This Single Judge Court disposed of Company Application No. 266 of 2012 arising out of Company Petition No. 970 of 1997. The court granted directions to certain respondents to remove stored machinery and pipes only after obtaining no objection certificates from Customs and Police authorities. It further directed the Official Liquidator to hand over a balance amount to the applicant and granted lib
What did the court decide?
An order was passed to dispose of the company application, directing removal of assets subject to police/customs clearance, ordering a fund transfer to the applicant, and granting liberty for further