https://www.taxtmi.com/caselaws?id=459572 A conditional recall of a winding up order remained binding where the recall was granted on terms that the company assets stay in the Official Liquidator's custody and security expenses be borne by the non-applicants. The court treated vague allegations of depletion, theft, or poor premises as insufficient because they were unsupported by particulars and raised belatedly. As the conditional order had not been modified, vacated, or set aside, the obligation to reimburse the Official Liquidator continued, and non-compliance justified prima facie contempt proceedings and notice. en-us Fri, 12 Dec 2014 00:00:00 +0530 Wed, 18 Dec 2024 19:04:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459572 A conditional recall of a winding up order remained binding where the recall was granted on terms that the company assets stay in the Official Liquidator's custody and security expenses be borne by the non-applicants. The court treated vague allegations of depletion, theft, or poor premises as insufficient because they were unsupported by particulars and raised belatedly. As the conditional order had not been modified, vacated, or set aside, the obligation to reimburse the Official Liquidator continued, and non-compliance justified prima facie contempt proceedings and notice. Case-Laws Companies Law Fri, 12 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459572