https://www.taxtmi.com/caselaws?id=108555 The Court dismissed the application seeking orders for the Official Liquidator to disclaim interests in a property leased to a company in liquidation, as the property was deemed essential for the winding-up process despite rent arrears. It was held that the applicant was not entitled to the reliefs sought, emphasizing the necessity of retaining the property for the successful conclusion of the liquidation proceedings. The Court clarified that interested parties could file applications for disclaimer under certain circumstances, considering the onerous nature of the property and its impact on the Company in liquidation and Secured Creditors. en-us Fri, 11 Oct 2002 00:00:00 +0530 Mon, 02 Apr 2012 15:49:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108555 The Court dismissed the application seeking orders for the Official Liquidator to disclaim interests in a property leased to a company in liquidation, as the property was deemed essential for the winding-up process despite rent arrears. It was held that the applicant was not entitled to the reliefs sought, emphasizing the necessity of retaining the property for the successful conclusion of the liquidation proceedings. The Court clarified that interested parties could file applications for disclaimer under certain circumstances, considering the onerous nature of the property and its impact on the Company in liquidation and Secured Creditors. Case-Laws Companies Law Fri, 11 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108555