Allowed¶39
M/S Nvcf Finance Private Limited v. the Official Liquidator of M/S Taurus Novalties Ltd., (in Liqn.)
Karnataka HCCA/44/2026
Case brief
AI extract
What is this about?
Karnataka HC company application allowed; ratification and approval of Assignment Agreement dated 31.12.1999; Official Liquidator directed to pay declared dividend; applicant M/S NVCF Finance Private Limited; respondent Official Liquidator of M/S Taurus Novalties Ltd. (in liquidation); filed under Rules 6 and 9, Companies (Court) Rules, 1959; CA No. 44 of 2026 in COP No. 187 of 2011; decided 18 June 2026 by Justice Jyoti M.
What did the court decide?
Ratification and approval of the Assignment Agreement dated 31.12.1999 executed in favour of the applicant, and a direction to the Official Liquidator to pay the declared dividend to the applicant. ¶39