https://www.taxtmi.com/caselaws?id=459501 Inventoried locker contents may be released to a claimant where the Official Liquidator does not dispute ownership and the articles were already opened and recorded in the presence of the Official Liquidator and the Reserve Bank of India. The Court may require protective safeguards before delivery, including an indemnity bond and an undertaking not to dispose of the articles for a specified period and to produce them if directed. On those facts, release of the locker articles subject to conditions was warranted. en-us Thu, 08 Aug 2013 00:00:00 +0530 Tue, 17 Dec 2024 10:29:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459501 Inventoried locker contents may be released to a claimant where the Official Liquidator does not dispute ownership and the articles were already opened and recorded in the presence of the Official Liquidator and the Reserve Bank of India. The Court may require protective safeguards before delivery, including an indemnity bond and an undertaking not to dispose of the articles for a specified period and to produce them if directed. On those facts, release of the locker articles subject to conditions was warranted. Case-Laws Companies Law Thu, 08 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459501