The Court allowed applications filed by applicants claiming investment in a company under liquidation. The Court directed the Official Liquidator to adjudicate the respective claims, noting that the company remains undissolved.
The Official Liquidator is directed to adjudicate the claim of the respective applicants.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
Comp.A.No.666 of 2023 batch etc
Comp.A.Nos.666, 667, 668, 669, 670, 671 and 672 of 2023 in C.P.No.73 of 2000
C.SARAVANAN,J.
Having perused the affidavit filed in support of these respective applications and having considered the facts that the applicants may have invested in the company under liquidation, and since the company is yet to be dissolved by an order of this Court, the Court is of the view that these applications can be allowed.
Liquidator is directed to adjudicate the claim of the respective applicants.
22.12.2023
jas
Page 1 of 2 https://www.mhc.tn.gov.in/judis
Comp.A.No.666 of 2023 batch etc
C.SARAVANAN,J.
jas
Comp.A.Nos.666, 667, 668, 669, 670, 671 and 672 of 2023 in C.P.No.73 of 2000
22.12.2023
Page 2 of 2 https://www.mhc.tn.gov.in/judis
1 issue framed by the court
Whether claims of applicants who invested in a company under liquidation should be allowed.
Applicants in Comp.A.Nos. 666-672 of 2023
Official Liquidator
C. SARAVANAN
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
