C.D. Security Services Network Ltd. v. the Official Liquidator of M/S. Solar Busiforms Limited
Case brief
What is this about?
This order disposed of a company application regarding the sale of assets by ISARC and the Official Liquidator. The court directed ISARC to pay a specific claim amount and provide security proceeds to the security agency.
What did the court decide?
ISARC to pay Rs. 32,400/- by June 30, 2014, and provide security from July 1, 2014, pending sale of properties and court verification of distribution.