The Official Liquidator of Divya Chemicals Ltd. (in Liquidation) v. Videocon Leasing and Industrial Finance Ltd. (Petitioner)
Case brief
What is this about?
In a company liquidation matter, the official liquidator filed a report seeking directions to take possession of the company's immovable property, deploy security guards, and appoint a panel valuer. The single judge court allowed the request.
What did the court decide?
Permission granted to take possession of immovable property, deploy security guards from OL panel, and appoint a panel valuer.