https://www.taxtmi.com/caselaws?id=112144 The court directed the Official Liquidator to transfer the immovable properties of Priyalaxmi Mills and Monogram Mills to the State Government, recognizing the State Government's role as the major creditor and sole shareholder. The court emphasized the public interest in the proposed utilization of the land and noted the surplus funds available with the Official Liquidator to meet any future liabilities. The applications were disposed of with directions for the transfer of assets and submission of accounts by the Official Liquidator. en-us Wed, 05 Mar 2008 00:00:00 +0530 Thu, 11 Dec 2014 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112144 The court directed the Official Liquidator to transfer the immovable properties of Priyalaxmi Mills and Monogram Mills to the State Government, recognizing the State Government's role as the major creditor and sole shareholder. The court emphasized the public interest in the proposed utilization of the land and noted the surplus funds available with the Official Liquidator to meet any future liabilities. The applications were disposed of with directions for the transfer of assets and submission of accounts by the Official Liquidator. Case-Laws Companies Law Wed, 05 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112144