TaxTMI 
TaxTMI 
2017 (7) TMI 111
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.... Though served, no one appears for the respondents. 2. By this summons, the Official Liquidator has prayed as under "a. This Hon'ble Court may be pleased to take on record the aforesaid facts and ratify the action of taking over possession of Movable assets of the Company (In Liqn.) and of not taking over the possession of immovable property and assets of the company (In Prov. Liqn.)....
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....under liquidation. The report indicates that the Official Liquidator caused search with the Registrar of Companies and got details of the exdirectors, registered office, assets and properties of the Company under liquidation. The Official Liquidator has averred that as per the Search Report dated 03.05.2016, respondent no.1 was shown to have their charge over the current assets of the Company unde....
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....iquidation but was owned by M/s. Cubit Computers being proprietary concern of Mr. Suresh S. Naire and Ms.Naire relied upon the TaxBill, Allotment letter and Title Search Certificate. As against this, the Assistant Manager of the respondent no.1 informed the Official Liquidator that as a secured creditor, the said financial institution has symbolic possession of the premises in question and is in p....
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.... contended that the valuation and inventory was thereafter carried out on 27.06.2016 and 29.06.2016 by the valuer and the report thereof is submitted with the office of the Official Liquidator on 21.07.2016. The Official Liquidator has furher averred that the Statement of Affairs as provided under section 454 of the Companies Act, 1956 has been submitted by the Exdirectors and the same is sent for....