2016 (7) TMI 1560

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.... For the Respondent : Mr. Rohit Khurana, Proxy counsel for Mr. R. Tandon, Advocate., Mr. Kanwal Choudhary, Advocate for O. L. ORDER This petition seeking winding up of the respondent company, Vigneshwara Developers Pvt. Ltd, is predicated on alleged non-payment of a principal amount of Rs. 60,92,000/- despite service of a notice of winding up on the registered office of the company, to which....

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....nsive picture about the nature of the indebtedness of the respondent company, in case they are advised to do so, it would be open to any of the counsel, including counsel for the Official Liquidator, to inspect the case-files of any of these matters." And the matter was adjourned to 10.12.2015. On 10.12.2015, once again, further opportunity was granted to the respondent to file reply. Therea....

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....r today. Today also, the office reports that no reply is forthcoming. Proxy counsel for the respondent prays for an adjournment on the ground that counsel for the respondent is not well. Be that as it may, the fact remains that sufficient opportunity has been granted to the respondent file a reply on merits, and also to comply with other directions regarding the disclosure of pertinent fa....

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....dator for this purpose, if required. The Official Liquidator shall also endeavour to prepare a complete inventory of all the assets of the respondent company when the same are taken over; and the premises in which they are kept shall be sealed by him. At the same time, he may also seek the assistance of a valuer to value all assets to facilitate the process of winding up. It will also be open to t....