https://www.taxtmi.com/caselaws?id=109977 The Court canceled the sale of assets to the purchaser due to failure to make the balance payment and reported theft, directing the Official Liquidator to refund the entire amount received. The security agency and valuer were criticized for negligence, leading to discrepancies in valuation reports. The Court ordered a fresh inventory and valuation without additional fees, recovery of advertisement expenses from the security agency, and emphasized the importance of accountability and proper discharge of duties by all parties involved. en-us Fri, 11 Mar 2005 00:00:00 +0530 Fri, 13 Apr 2012 12:43:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109977 The Court canceled the sale of assets to the purchaser due to failure to make the balance payment and reported theft, directing the Official Liquidator to refund the entire amount received. The security agency and valuer were criticized for negligence, leading to discrepancies in valuation reports. The Court ordered a fresh inventory and valuation without additional fees, recovery of advertisement expenses from the security agency, and emphasized the importance of accountability and proper discharge of duties by all parties involved. Case-Laws Companies Law Fri, 11 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109977