https://www.taxtmi.com/caselaws?id=389132 The Court permitted the Official Liquidator to take physical possession of the Company's assets, including breaking open locks if necessary, to safeguard the interests of workers and creditors. It found the tenants' claims of tenancy rights fraudulent and collusive, declaring the obtained decrees null and void due to lack of jurisdiction under Section 446 of the Companies Act, 1956. The Court condemned the fraud and collusion between ex-directors and tenants, directing the tenants to surrender possession of properties promptly. en-us Fri, 30 Aug 2019 00:00:00 +0530 Mon, 02 Dec 2019 12:28:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389132 The Court permitted the Official Liquidator to take physical possession of the Company's assets, including breaking open locks if necessary, to safeguard the interests of workers and creditors. It found the tenants' claims of tenancy rights fraudulent and collusive, declaring the obtained decrees null and void due to lack of jurisdiction under Section 446 of the Companies Act, 1956. The Court condemned the fraud and collusion between ex-directors and tenants, directing the tenants to surrender possession of properties promptly. Case-Laws Companies Law Fri, 30 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389132