https://www.taxtmi.com/caselaws?id=275417 The court affirmed jurisdiction to adjudicate title disputes under the Companies Act, 1956, allowing resolution of ownership of 44 paintings claimed by Sheetal Mafatlal. It directed ex-directors to comply with Section 454 by filing Statements of Affairs. Further actions on the paintings were deferred pending resolution of the title issue. The court instructed the Official Liquidator to file reports after determining painting ownership and directed an ex-director to provide information on original ownership and inventory. The Official Liquidator was tasked with taking possession of records from the company's premises. Further proceedings were scheduled for January 15, 2016. en-us Mon, 07 Dec 2015 00:00:00 +0530 Wed, 03 Oct 2018 07:07:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275417 The court affirmed jurisdiction to adjudicate title disputes under the Companies Act, 1956, allowing resolution of ownership of 44 paintings claimed by Sheetal Mafatlal. It directed ex-directors to comply with Section 454 by filing Statements of Affairs. Further actions on the paintings were deferred pending resolution of the title issue. The court instructed the Official Liquidator to file reports after determining painting ownership and directed an ex-director to provide information on original ownership and inventory. The Official Liquidator was tasked with taking possession of records from the company's premises. Further proceedings were scheduled for January 15, 2016. Case-Laws Companies Law Mon, 07 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275417