1979 (7) TMI 203

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..... H.C. Rastogi for the Respondent. JUDGMENT Sidhu, J.-This order will dispose of the two appeals listed above. After hearing both sides, to wit learned counsel for the appellants and learned counsel for the caveator, we are satisfied that the two orders made by the learned company judge, which are the subject-matter of these appeals, are merely administrative orders from which no appea....

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.... judge is the best judge as to whether the restaurants of company under liquidation can be run more profitably through the servants and agents of the company or through contractors. Such a decision regarding the mode of running the future business of the company must necessarily be left to the subjective discretion, as distinguished from the objective discretion of the liquidator under the control....