2015 (5) TMI 624

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....Nitin Jain, Kamal Sehgal, Vijay Sharma, Saurav Dalal and Rohit Madan JUDGMENT : Mr.Vijay Sharma has filed a reply on behalf of SBI. The same is taken on record. Copy has been supplied to the learned counsel for opposite side. He submits that the State Bank of India's claim has been satisfied and the bank would have no objection to the company being revived. Mr.Sehgal appearing for the....

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....ny watch and ward expenses for the aforesaid period from the Official Liquidator. The affidavit is taken on record as Mark 'X'. Mr.Chhibber has produced two drafts one in the name of Gujrat State Financial Services Ltd. in the sum of Rs. 65,41,678/-, the petitioning company whose claims were settled by the Official Liquidator after receiving a report from the Chartered Accountant appoin....

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.... liquidation and is revived. It would now be free to resume its business. However, the Official Liquidator would handover the vacant possession of the premises, i.e., land, building and factory including the plant and machinery lying therein to the Ex-Director Sh.Rajiv Jain after removing any encroachments. In case, the property has been encroached by anyone regarding which an FIR No.31 dated 4.3.....