2017 (6) TMI 879

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....l Liquidator for not taking over the possession of Registered Office and other assets and properties of the company in liquidation by the Official Liquidator due to the reasons reported in para 3 hereinabove. (b) This Hon'ble Court may be pleased to permit the Official Liquidator to initiate Criminal proceedings against Exdirector for Non filing of Statement of Affairs, the default committed under section 454(5) of the companies Act, 1956 by the Exdirectors of Company in Liquidation. (c) Such other and further orders and directions as may be considered just and appropriate by this Hon'ble Court may also be passed." 3. The record indicates that by an order dated 15.06.2016 passed by this Court in Company Petition No.243/13, the....

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....fficial Liquidator that in fact the said office premises was given on Leave & License agreement by the earlier owner Smt. Shalini R. Tharani residing at Ravneet Bunglow, Opp. Shri Vidhya Vikas School, Ellora Park, Vadodara to the Company under liquidation for a monthly rent of Rs. 5500/for a term of 11 months starting from 1st February 2009 to 1st December, 2009 and was further renewed. It was further pointed out by Mr. Jaymin Shah that the property is purchased in the joint name of his wife Nirali R. Shah from Smt.Shalini R. Tharani and therefore, the company under liquidation is never the owner of the property. Mr. Jaymin Shah also produced the copy of the sale deed dated 08.03.2016. The Official Liquidator has further contended that the ....