https://www.taxtmi.com/caselaws?id=211855 The Court allowed the release of property K-78, Hauz Khas Enclave, New Delhi from the Official Liquidator's possession as it was not owned by the respondent company. The Court found no jurisdiction to enforce the personal agreement between former Directors and workmen, advising the workmen to pursue their claims in a competent court. The authenticity of the Compromise Deed was left for determination by the appropriate forum. The property C-80, MIDC Waluj Industrial Area, Aurangabad, Maharashtra was subject to a status quo order, and the respondent company was directed to be finally wound up with the Official Liquidator appointed as the Final Liquidator. en-us Fri, 17 Feb 2012 00:00:00 +0530 Tue, 12 Feb 2013 12:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211855 The Court allowed the release of property K-78, Hauz Khas Enclave, New Delhi from the Official Liquidator's possession as it was not owned by the respondent company. The Court found no jurisdiction to enforce the personal agreement between former Directors and workmen, advising the workmen to pursue their claims in a competent court. The authenticity of the Compromise Deed was left for determination by the appropriate forum. The property C-80, MIDC Waluj Industrial Area, Aurangabad, Maharashtra was subject to a status quo order, and the respondent company was directed to be finally wound up with the Official Liquidator appointed as the Final Liquidator. Case-Laws Companies Law Fri, 17 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211855