2006 (12) TMI 222

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....Goyal for the State. G.K. Garg and R.C. Meena for the Official Liquidator. ORDER 1. By the instant application under sections 446, 454, 468, 633(2) of the Companies Act, 1956 (for short '1956 Act'), the applicants have prayed as under:- (i)The concerned police station may be ordered to deliver and hand over entire record and books of account and other belongings of the company ordered to ....

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....vestigations against the applicants may be ordered to be transferred to this Court for trial so as to save the applicants from facing trial at differed place. (v)The requirement of preparing and filing of the statement of affairs with the Official Liquidator may be dispensed with till the possession of the records and books of account of the company in liquidation is taken from the police autho....

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.... other States) after visiting the office of the company executed the franchise agreements. The total number of shops established is 200 approximately. Since some of the franchises did not comply with the terms and conditions of the agreement and they did not deposit daily cash thereby the rotation of the money became standstill. The company could not maintain liquidity and failed to supply further....