TMI Blog2016 (3) TMI 789X X X X Extracts X X X X X X X X Extracts X X X X ..... he usual undertaking before the office of the Official Liquidator. The Official Liquidator is permitted to make the payment of ₹ 2,05,354/from the account of the Company maintained in his office, to M/s.Navnitlal & Co., Advertising Agency, being the advertisement expenses as per the bill raised by the said Agency dated 28.08.2015. The Official Liquidator is also permitted to make the payment of ₹ 28,625/from the account of the Company to M/s.P.Dalal & Co., Chartered Accountants, as per the bill raised by the said Chartered Accountant, dated 27.11.2015. - COMPANY APPLICATION NO. 59 of 2014, COMPANY PETITION NO. 34 of 1991 - - - Dated:- 16-3-2016 - SMT. ABHILASHA KUMARI, J. FOR THE APPELLANT : MR PR NANAVATI, ADVOCAT ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mes to ₹ 1,39,65,796.12ps. as on 31.01.2014. 4. Mr.J.S.Yadav, learned advocate for the Official Liquidator has submitted on the basis of the report dated 28.12.2015, that the Official Liquidator has invited claims from the creditors under Section530 of the Companies Act, 1956, after publication of the notice in the English daily newspaper The Time of India in the English script and the Gujarati daily newspaper Gujarat Samachar in the Gujarati script (both Ahmedabad editions), on 27.08.2015. The State Bank of India has forwarded its claim in Form No.66 vide its letter dated 12.10.2015, along with supporting documents to the office of the Official Liquidator, which has been verified by the Chartered Accountants appointed from the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t the recommendation of M/s.P.Dalal Co., Chartered Accountants, made in its report dated 27.11.2015 and file the usual undertaking that, in the event that the Official Liquidator requires any amount to clear the dues of the Income Tax Department and other Government authorities, the applicantBank shall immediately refund the amount as may be called for by the Official Liquidator. 7. Mr.P.R.Nanavati, learned advocate for the applicantBank has submitted that on the disbursement of the amount, as mentioned in the report of the Official Liquidator, the necessary undertaking would be filed before the Official Liquidator. 8. In view of the above facts and circumstances and as there is no impediment in granting of the prayers made by the a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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