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2018 (1) TMI 1597 - HC - Companies LawPossession of vessel/tug by the name of “MT Polaris” owned by the Defendant company - HELD THAT:- This company application is allowed by directing the Official Liquidator to take possession of “MT Polaris”. The costs for taking such possession and thereafter to man the ship, shall be borne by the Applicant. The Liquidator, after taking such possession, shall allow prospective purchasers to visit and inspect the vessel/tug. The application to come up for further orders on 14 February 2018.
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