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2012 (10) TMI 696

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....e respondent. INDERMEET KAUR, J. (Oral) Report No. 511/2012 1. Report of the Official Liquidator dated 19.09.2012 is taken on record. The Company-Crown Sales (India) Pvt. Ltd. was wound up on 31.11.2010. There were two directors of the Company, namely, Mr. Charan Shah Kohli and Mr. Sanjay Kohli; Mr. Charan Shah Kohli had expired on 09.01.2009; Mr. Sanjay Kohli had filed the statement of  ....

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....en filed under Section 481 of the Companies Act, 1956 seeking dissolution of the Company M/s. Crown Sales (I) Pvt. LTD. On 31.08.2005, the Company was provisionally wound up. Final winding up order was passed on 30.11.2010. 2. The registered office of the Company was located at 265, Pitampura, Shivaji Market, Delhi 1100034. There were two directors of the Company, namely, Mr. Charan Shah Kohli an....

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....s been received. 4. The Chartered Accountant-M/s Chaturvedi and Company who had been appointed by this court refused to verify the new Balance Sheet filed by Mr. Sanjay Kohli, ex. Director on the ground that relevant records like Bank Statement, cash Vouchers had not been furnished. Accordingly, application under Sections 468 and 477 of the Companies Act filed by the Official Liquidator was dispo....

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.... up of the Company for want of funds or for any other reason, the Court can make an order dissolving the Company from the date of that order. This puts an end to the winding-up process." 7. In view of the above decision of the Supreme Court and the facts and circumstances of this case, the liquidation proceedings deserve to be brought to an end. Consequently, M/s Crown Sales (I) Pvt. Ltd. is diss....