https://www.taxtmi.com/caselaws?id=112652 The High Court appointed a Court Receiver in a recovery suit by ICICI Bank Limited against a company for interim reliefs, including property possession. Concerns over missing movable properties led to inventory reports and meetings. The appellant's claim as a director was questioned for lack of locus standi. Emphasis was placed on expediting property sales to protect interests, with a modified sale schedule approved. Terms of sale were accepted, with directions for auction, security, and cooperation with the Official Liquidator. The appeal was disposed of, with parties bearing costs. en-us Fri, 29 Aug 2008 00:00:00 +0530 Sat, 29 Nov 2014 12:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112652 The High Court appointed a Court Receiver in a recovery suit by ICICI Bank Limited against a company for interim reliefs, including property possession. Concerns over missing movable properties led to inventory reports and meetings. The appellant's claim as a director was questioned for lack of locus standi. Emphasis was placed on expediting property sales to protect interests, with a modified sale schedule approved. Terms of sale were accepted, with directions for auction, security, and cooperation with the Official Liquidator. The appeal was disposed of, with parties bearing costs. Case-Laws Companies Law Fri, 29 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112652