https://www.taxtmi.com/caselaws?id=108433 The court set aside the arbitration award obtained by fraud and collusion, ruling that subsequent execution proceedings were void without court leave. The second respondent was directed to submit accounts and assets details to the official liquidator. Benefits derived from company assets were to be adjudicated by the official liquidator. All further proceedings based on the arbitration award were declared void, and the second respondent could not benefit from it. The official liquidator was granted control over the company's assets, and any claims against the company had to be made to the official liquidator. en-us Tue, 18 Feb 2003 00:00:00 +0530 Sat, 31 Mar 2012 15:05:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108433 The court set aside the arbitration award obtained by fraud and collusion, ruling that subsequent execution proceedings were void without court leave. The second respondent was directed to submit accounts and assets details to the official liquidator. Benefits derived from company assets were to be adjudicated by the official liquidator. All further proceedings based on the arbitration award were declared void, and the second respondent could not benefit from it. The official liquidator was granted control over the company's assets, and any claims against the company had to be made to the official liquidator. Case-Laws Companies Law Tue, 18 Feb 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108433