1998 (1) TMI 404

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..... 9 of the Companies Act, 1956, was admitted vide order dated 26-9-1997. 2. Himanshu Proteins Ltd., Dabwali Road, Sirsa is the company of which erstwhile name was Malook Chand Vanaspati Products Ltd. Mr. Prakash Chand Aggarwal who was the Director of this Company had also floated along with other Co-directors another sister concern, namely, Malook Chand Agroils Ltd. Malook Chand Agroils Ltd. w .....

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..... Court vide its order dated 26-9-1997 found that the defence put forward by the respondent-company was neither bona fide nor plausible and that the company had neglected and failed to pay its lawful dues. Notice was directed to be published at least 14 days prior to the date of hearing in the Indian Express. Hindi Tribune and Haryana Government Gazette. 4. An affidavit of service dated 29 .....

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..... prior to passing of the order dated 26-9-1997, the relevant facts were neither disputed nor any expla-nation furnished thereto. Rather a vague reply has been submitted. The claim of the Official Liquidator on behalf of the Company, is based upon the correspondence exchanged between the two companies. The observa-tions of the Court with regard to the lack of bona fide in the defence put forward b .....

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