https://www.taxtmi.com/caselaws?id=438358 The court upheld previous directions for compliance with court orders by the Recovery Officer, DRT, Bangalore. It directed the association of a party with the Official Liquidator for the sale of properties. The Official Liquidator was permitted to value and sell assets, recouping expenses from the sale proceeds. Possession of properties was granted to Thungbhadra Sugar Works Limited, settling debts and dues. The court affirmed ownership of properties in favor of Thungbhadra Sugar Works Limited, directing the Official Liquidator to hand over possession and pay arrears of rent. Company Application Nos. 298 to 300 of 2021 were allowed, while Company Application No. 626 of 2017 was dismissed. en-us Thu, 11 May 2023 00:00:00 +0530 Tue, 30 May 2023 09:00:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438358 The court upheld previous directions for compliance with court orders by the Recovery Officer, DRT, Bangalore. It directed the association of a party with the Official Liquidator for the sale of properties. The Official Liquidator was permitted to value and sell assets, recouping expenses from the sale proceeds. Possession of properties was granted to Thungbhadra Sugar Works Limited, settling debts and dues. The court affirmed ownership of properties in favor of Thungbhadra Sugar Works Limited, directing the Official Liquidator to hand over possession and pay arrears of rent. Company Application Nos. 298 to 300 of 2021 were allowed, while Company Application No. 626 of 2017 was dismissed. Case-Laws Companies Law Thu, 11 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438358