https://www.taxtmi.com/caselaws?id=110145 The Court allowed the transfer of funds for security expenses, directed the Official Liquidator to investigate a theft, criticized the O.L.'s actions, and emphasized secured creditors' participation in safeguarding assets. Payments to the previous security agency were stopped, a new agency appointed, and recovery proceedings initiated for the theft loss. The Court stressed the need for detailed records, ongoing inquiry into the O.L.'s conduct, and active involvement of secured creditors in asset protection. en-us Wed, 17 Aug 2005 00:00:00 +0530 Fri, 13 Apr 2012 18:33:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110145 The Court allowed the transfer of funds for security expenses, directed the Official Liquidator to investigate a theft, criticized the O.L.'s actions, and emphasized secured creditors' participation in safeguarding assets. Payments to the previous security agency were stopped, a new agency appointed, and recovery proceedings initiated for the theft loss. The Court stressed the need for detailed records, ongoing inquiry into the O.L.'s conduct, and active involvement of secured creditors in asset protection. Case-Laws Companies Law Wed, 17 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110145