Sicom Limited v. the Official Liquidator of Indage Vintners Limited (in Liquidation)
Case brief
What is this about?
The High Court at Bombay, through S.J. Kathawalla, J., granted leave to the applicant to proceed with criminal complaints pending before the Metropolitan Magistrate against a company in liquidation, subject to the condition that any payment be made by the Official Liquidator per Companies Act provisions.
What did the court decide?
Leave granted under Section 446(1) of the Companies Act, 1956 to proceed with 138 complaints filed against Indage Vinters Ltd. and its directors pending before the 23rd Metropolitan Magistrate's Court