https://www.taxtmi.com/caselaws?id=340505 A secured creditor assignee was permitted to act in relation to secured assets in the custody of the Official Liquidator after winding up. The HC accepted that the creditor could appoint a valuer and that the Official Liquidator should facilitate inspection of the property for proper valuation. It further directed coordination between the creditor and the Official Liquidator on fixation of the reserve price and conduct of the auction, with notice to the creditor and supervision by the Court, so that the property could be sold in an orderly and efficient manner. en-us Thu, 09 Feb 2017 00:00:00 +0530 Tue, 21 Mar 2017 18:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340505 A secured creditor assignee was permitted to act in relation to secured assets in the custody of the Official Liquidator after winding up. The HC accepted that the creditor could appoint a valuer and that the Official Liquidator should facilitate inspection of the property for proper valuation. It further directed coordination between the creditor and the Official Liquidator on fixation of the reserve price and conduct of the auction, with notice to the creditor and supervision by the Court, so that the property could be sold in an orderly and efficient manner. Case-Laws Companies Law Thu, 09 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340505