2020 (9) TMI 657

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....ke of brevity) and today Mr.Bavisetty Sridhar, learned 'Deputy Official Liquidator' (hereinafter 'Deputy OL' for the sake of brevity) representing OL is before this Court in this web-hearing on a video-conferencing platform. 3. Prayer in captioned application, as can be culled out from the Judge's summons, reads as follows: 'a) Take this application as urgent; b) To take this report on record on the file of Hon'ble Court; c) To call for the pending application in C.A.No.390/2013 filed under Section 454(5(A) of the Companies Act, 1956 filed against the Ex-Directors and close the same as nothing could be proceeded in the affairs of the company in liquidation; d) To form an opinion that the liquidator ca....

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.... said Company. Thereafter, what unfurled has been articulated in Paragraphs 3 to 6 of said report which read as follows: '3.It is submitted that in pursuance to the order stated supra, the Official Liquidator had deputed officials of his office to the registered office of the company situated at No.59, Thirunavukkarasu First Street, Indira Nagar, Rathinapuri, Coimbatore - 641 027 on 12.01.2013 after issuing due notices to the Ex-Directors and secured creditors for the purpose of taking possession of movable and immovable properties along with the books of accounts & records and other actionable claims of the company in provisional liquidation. The officials of this office had reported that the registered office premises had been sold ....