The Tamil Nadu Industrial Investment Corporation v. the Official Liquidator
Case brief
What is this about?
The applicant filed an application directing the Official Liquidator to take repossession of assets. The Court permitted the Official Liquidator to undertake a fresh valuation of the assets and to file an application regarding discrepancies noted in an earlier report before disposing of the matter.
What did the court decide?
The Official Liquidator permitted to undertake a fresh valuation of the assets and file an application regarding discrepancies indicated in the earlier report.