Dismissed
The Official Liquidator of M/S R-Tec Systems (I) Pvt. Ltd. in Liquidation v. Mr. Castelino Brian and and Two Others
Bombay HCCOMP/4/2014
Case brief
AI extract
What is this about?
This order permitted the withdrawal of a complaint filed by the Official Liquidator against accused parties under Section 454(5) of the Companies Act, 1956. The court allowed the withdrawal due to the absence of the required statement of affairs, granting liberty to file a fresh complaint if the records are later located.
What did the court decide?
The complaint was withdrawn with liberty to file a fresh complaint in the event the Official Liquidator locates the statement of affairs.