2018 (6) TMI 1684

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....V. Deshpande and Co. for applicant. Mr. Vivek S. Sawant for respondent No.2. Mr. S.N. Fadia for Intervener (IASR Pvt. Ltd.) Ms. Mamta P. Thakker, Senior Manager of Invent Assets Securitisation & Reconstruction Pvt. Ltd. present in Court. Mr. Mahendhar Aithe, company prosecutor for official liquidator present. P.C. 1 Shri Sawant appearing for respondent no.2 has no objection to grant....

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....pplication to be made to make them party to this application. At the same time, Shri Fadia on instructions from the representative of IASR states that his clients have not taken possession of any of the assets of the company (in liquidation). Therefore, grant of prayer clause (a) will not cause prejudice to anybody because it is only seeking a direction to the official liquidator to take the posse....