2012 (10) TMI 696

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....a with Mr. Deepak Sharma, Adv. for the respondent. INDERMEET KAUR, J. (Oral) Report No. 511/2012 1. Report of the Official Liquidator dated 19.09.2012 is taken on record. The Company-Crown Sales (India) Pvt. Ltd. was wound up on 31.11.2010. There were two directors of the Company, namely, Mr. Charan Shah Kohli and Mr. Sanjay Kohli; Mr. Charan Shah Kohli had expired on 09.01.2009; Mr. Sanj....

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.... (for dissolution) 1. This application has been filed under Section 481 of the Companies Act, 1956 seeking dissolution of the Company M/s. Crown Sales (I) Pvt. LTD. On 31.08.2005, the Company was provisionally wound up. Final winding up order was passed on 30.11.2010. 2. The registered office of the Company was located at 265, Pitampura, Shivaji Market, Delhi 1100034. There were two director....

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....vide letter dated 13.05.2011 but no reply thereto has been received. 4. The Chartered Accountant-M/s Chaturvedi and Company who had been appointed by this court refused to verify the new Balance Sheet filed by Mr. Sanjay Kohli, ex. Director on the ground that relevant records like Bank Statement, cash Vouchers had not been furnished. Accordingly, application under Sections 468 and 477 of the Co....

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....hat the Official Liquidator can not proceed with the winding up of the Company for want of funds or for any other reason, the Court can make an order dissolving the Company from the date of that order. This puts an end to the winding-up process." 7. In view of the above decision of the Supreme Court and the facts and circumstances of this case, the liquidation proceedings deserve to be brought ....