In the Matter of Hariganga Cement Ltd. v. the Chairman and Md.Hariganga Cement and 17 Others
Case brief
What is this about?
Bombay High Court (Nagpur Bench), Anil L. Pansare, J., 31-01-2025; Company Application No. 3 of 2025 in Company Petition No. 1 of 1995; Shri Hariganga Cement Ltd. (in liquidation); Official Liquidator's application; discrepancy in funds and assets of company in liquidation; unrealized assets approximately Rs. 33.50 Lakhs per annual statement versus no assets per application; time granted to recently joined Official Liquidator to take corrective steps; matter adjourned / stand over to 14-02-2025; no statute or precedent cited; interlocutory/administrative order.
What did the court decide?
Time granted to the Official Liquidator to go through the record and take corrective steps; matter stood over to 14-02-2025. ¶10