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2020 (11) TMI 1033 - NATIONAL COMPANY LAW TRIBUNAL, NEW DELHIHanding over of the custody of the vehicles to the RP within one swe and affidavit - HELD THAT:- The Liquidator, as per section 429 of the Companies Act 2013, are directed to take the assistance of the Commissioner of Police in which jurisdiction this company is lying to locate the vehicle by showing the order already passed by this Bench on 26.09.2019. ‘The Commissioner of Police is hereby suggested to assist the Liquidator in taking the custody of the vehicle within fifteen days hereof - The reason is the Bank financed the vehicle could not get back - the vehicleFlying in the name of the debtor company nor could get any payment. If any delay happens in tracing the vehicle, the value of it will get further reduced. List on 10.12.2020.
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