Ajit Chand Srimal S/O Shri R.C. Srimal v. Official Liquidator of M/S Ace Laboratories Limited (in Liquidation)
Case brief
What is this about?
A single paragraph order dismissing a Section 539(1A)-(1D) of the NCLT Act, 2016 application. The High Court held that since the Official Liquidator submitted a report to the DRT, the application could not survive and was dismissed accordingly.
What did the court decide?
The Company Application No. 34/2018 is dismissed as not surviving the submission of the liquidator's report to the DRT.