M/S Kapoor & Kapoor Knit-Exports Pvt. Ltd. v. Vikas Kapoor and Ors.
Case brief
What is this about?
In this Section 456 Companies Act petition, the petitioner, as Official Liquidator, sought directions to respondents, former directors, to hand over company records and assets. The court directed the respondents to file an affidavit within four weeks confirming they have no other records or assets of the liquidation.
What did the court decide?
Direction to respondents to furnish an affidavit within four weeks that they are not in possession of any other records/assets of the Company-in-Liquidation.