Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2017 (7) TMI 1426

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... fact or in law, he has no objection in case the proceedings are continued before the learned MM subject to the condition that the OL who has taken over the assets and control of the company pursuant to the orders passed by this Court on 28.02.2013 be exempted from appearance and further no punitive order against the company or the OL be executed without the prior permission of this Court. Subject to the above, the applicant is permitted to proceed with the complaints bearing No. 2990/1/15 and 261/1/16. The application stands disposed of. - CO.PET. 36/2013, CA No.1856-57/2015, 3266/2015, 826/2017 OLR Nos. 137-138/2016, 204-205/2016, 276/2016 & 98/2017 - - - Dated:- 10-7-2017 - HON'BLE MR. JUSTICE YOGESH KHANNA For the Petitio .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he company in liquidation had many properties as stated in paras 9, 10 and 11 of the application, they have deployed the security guards of different agencies for which the payment is due to be made to such agencies for different periods. It is stated that 21 guards are deployed for 24 hours in the seven premises stated in para 9; 12 guards are deployed for 24 hours in four premises stated in para 10 and three guards are deployed for 24 hours in the premises stated in para 11 and that different amount of bills are pending and hence it is requested to permit the OL to release an amount of Rs.14,30,262/- to Manasavi Security Services, an amount of Rs.15,07,766/- to P.S. Security Services Pvt. Ltd. and an amount of Rs.5,57,875/- to Kat Eye Sec .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... application is moved by the applicant for seeking permission of this Court to continue with the Complaint Case No.2905/1/15, 2906/1/15, 2908/1/15 and 2911/1/15 as mentioned in para 5 of the application under Section 138 read with Section 142 of the Negotiable Instruments Act against the Respondent and its directors pending before the learned Metropolitan Magistrate. The Official Liquidator has not filed any reply to this application. The Provisional Liquidator in the present case was appointed on 28.02.2013 and the complaint was filed after the appointment of the Provisional Liquidator. Mr. Mayank Goel, learned counsel for the OL submits that without considering any aspect of the matter either in fact or in law, he has no objection in case .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... mpted from appearance and further no punitive order against the company or the OL be executed without the prior permission of this Court. Subject to the above, the applicant is permitted to proceed with the complaints bearing No. 2913/1/15, 2914/1/15 and 2912/1/15. The application stands disposed of. CA No.53/2017 This application is moved by the applicant for seeking permission of this Court to continue with the Complaint Case No.2990/1/15 and 261/1/16 as mentioned in para 4 of the application under Section 138 read with Section 142 of the Negotiable Instruments Act against the Respondent and its directors pending before the learned Metropolitan Magistrate. The Official Liquidator has not filed any reply to this application. Th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates