Official Liquidator v. Food and Hospitality Concepts India Pvt. Ltd.
Case brief
What is this about?
In a valuation matter under Official Liquidator Report No.15 of 2020, the court directed the Official Liquidator to obtain a fresh valuation for the company's property after failed attempts to secure offers. The report was made absolute in this aspect.
What did the court decide?
Official Liquidator directed to obtain fresh valuation for the property in question and seek further directions to fix the reserve price.