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2023 (2) TMI 786

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..... quisite majority at the meeting, the arrangement would require a fresh scrutiny by the Company Court thereafter, we cannot avoid interfering with the decision of the Division Bench on the ground put forward by learned Senior Counsel of benefit to the workers. The Company, named, M/s. Mansukhram Textile Mills Pvt. Ltd. (In Liquidation) is hereby dissolved under Section 481 of the Act and the Official Liquidator attached to this Court stands discharged and is relieved as liquidator of M/s. Mansukhram Textiles Mills Pvt. Ltd.(In Liquidation). Application allowed. - R/OFFICIAL LIQUDATOR REPORT NO. 75 of 2022 In R/COMPANY PETITION NO. 111 of 1983 - - - Dated:- 7-11-2022 - HONOURABLE MR. JUSTICE BHARGAV D. KARIA For the Applicant .....

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..... rge for Proposed Dissolution in terms of order dated 18.08.2021 passed in OLR No. 128 of 2021. 6)However, in response to the said advertisement, Official Liquidator has not received any objection from Secured Creditors, Workmen, Stakeholders and public at large for Proposed Dissolution of the company in liquidation. 7)It is also stated by the Official Liquidator that prior to dissolution of the company, the Official Liquidator vide letter dated 21.09.2020 addressed to the Registrar of Companies Gujarat, Income-Tax Department informed that the Official Liquidator proposes to dissolve the said company and if they are having any objection, to raise the same. However, no response is received from Income tax department and ROC vide its let .....

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..... . Moreover, no assets of the Company in liquidation are available. In light of the aforesaid facts, it was submitted that the report may be accepted and appropriate order of dissolution of the Company in liquidation may be passed as prayed for. 12) Having heard the learned advocate for the Official Liquidator and on perusal of the record of this report and in facts of this case and considering the ratio laid down by the Apex Court in the case of Meghal Homes Pvt. Ltd. (supra), the report deserves to be accepted. The Company, named, M/s. Mansukhram Textile Mills Pvt. Ltd. (In Liquidation) is hereby dissolved under Section 481 of the Act and the Official Liquidator attached to this Court stands discharged and is relieved as liquidator of M .....

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