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2003 (4) TMI 469

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..... e of the notice, none appeared for the respondent. 2. Heard the learned counsel for the petitioner, perused the application and its enclosed documents. 3. Rathi Alloys Steels Limited (In Liquidation) was ordered to be wound up by this Court under the order dated 24th of August, 2001 passed in S.B. Company Petition No. 36/2000. The applicant was appointed its Official Liquidator with furt .....

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..... He also deputed his officials at the factory premises for taking over the delivery thereof on 2-4-2002 and 19‑4-2002, but neither the intimation nor the delivery of the aforesaid Scooter was given by the respondent on the dates and time fixed by the Official Liquidator. Therefore, the Official Liquidator issued a Notice No. RASL/SA/2/239, dated 3-5-2002 under rule 234 of the Companies (Cour .....

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..... is unauthorisedly retaining the Scooter and thus has violated the provisions of sections 456, 468 and 477 of the Act, 1956 read with rules 234 and 239 of the Companies (Court) Rules, 1959. The respondent is liable to hand over the possession of the Scooter aforestated to the Official Liquidator. 4. Accordingly this application succeeds and the same is allowed. The respondent is directed to ha .....

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