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    <title>2002 (11) TMI 350 - HIGH COURT OF BOMBAY</title>
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    <description>An official liquidator should ordinarily obtain prior orders of the company court before appointing security guards for assets in liquidation and should not seek post facto ratification, because prior permission enables secured creditors&#039; views to be recorded and avoids later objections. Security services should be sourced through the statutory Security Guards Board where the Maharashtra Private Security Guards Act applies; if not, the employment exchange should be approached, and where the property has an existing watch and ward department, that department should be preferred. Where feasible, appointment, supervision, control and wages should be placed on secured creditors.</description>
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    <pubDate>Fri, 01 Nov 2002 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=106527</link>
      <description>An official liquidator should ordinarily obtain prior orders of the company court before appointing security guards for assets in liquidation and should not seek post facto ratification, because prior permission enables secured creditors&#039; views to be recorded and avoids later objections. Security services should be sourced through the statutory Security Guards Board where the Maharashtra Private Security Guards Act applies; if not, the employment exchange should be approached, and where the property has an existing watch and ward department, that department should be preferred. Where feasible, appointment, supervision, control and wages should be placed on secured creditors.</description>
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      <pubDate>Fri, 01 Nov 2002 00:00:00 +0530</pubDate>
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