https://www.taxtmi.com/caselaws?id=102144 The court addressed the dissipation of the company's lands during liquidation, emphasizing the company's continued interest in its assets. Transfers of land in violation of the Companies Act were deemed void, with detailed orders issued to account for all company assets. Dissatisfaction was expressed over incomplete disclosures regarding land acquisition and transfers, stressing the importance of comprehensive information. The official liquidator's power to summon individuals for information was affirmed, highlighting the obligation to cooperate. A request for the Collector to disclose company assets was granted, ensuring thorough disclosure for the winding-up process's effectiveness. en-us Tue, 29 Oct 1991 00:00:00 +0530 Mon, 13 Feb 2012 17:53:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102144 The court addressed the dissipation of the company's lands during liquidation, emphasizing the company's continued interest in its assets. Transfers of land in violation of the Companies Act were deemed void, with detailed orders issued to account for all company assets. Dissatisfaction was expressed over incomplete disclosures regarding land acquisition and transfers, stressing the importance of comprehensive information. The official liquidator's power to summon individuals for information was affirmed, highlighting the obligation to cooperate. A request for the Collector to disclose company assets was granted, ensuring thorough disclosure for the winding-up process's effectiveness. Case-Laws Companies Law Tue, 29 Oct 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102144