Hbd Packaging Pvt. Ltd. v. Global Fragrances Pvt. Ltd.
Case brief
What is this about?
In response to an application seeking withdrawal of the main petition upon tender of dues, the Court directed release of the deposited Rs.4 lacs to the petitioner while recalling the order appointing the Official Liquidator.
What did the court decide?
The sum of Rs.4,00,000/- deposited was to be released to the petitioner; liberty granted for execution of the balance; order appointing Official Liquidator as Provisional Liquidator recalled.