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2016 (7) TMI 1560

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..... ana, Proxy counsel for Mr. R. Tandon, Advocate., Mr. Kanwal Choudhary, Advocate for O. L. ORDER This petition seeking winding up of the respondent company, Vigneshwara Developers Pvt. Ltd, is predicated on alleged non-payment of a principal amount of Rs. 60,92,000/- despite service of a notice of winding up on the registered office of the company, to which no reply is stated to have been receiv .....

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..... ss of the respondent company, in case they are advised to do so, it would be open to any of the counsel, including counsel for the Official Liquidator, to inspect the case-files of any of these matters." And the matter was adjourned to 10.12.2015. On 10.12.2015, once again, further opportunity was granted to the respondent to file reply. Thereafter, on 06.04.2016, this Court also issued the foll .....

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..... . Proxy counsel for the respondent prays for an adjournment on the ground that counsel for the respondent is not well. Be that as it may, the fact remains that sufficient opportunity has been granted to the respondent file a reply on merits, and also to comply with other directions regarding the disclosure of pertinent facts with regard to the functioning, assets and indebtedness of the company .....

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..... eavour to prepare a complete inventory of all the assets of the respondent company when the same are taken over; and the premises in which they are kept shall be sealed by him. At the same time, he may also seek the assistance of a valuer to value all assets to facilitate the process of winding up. It will also be open to the Official Liquidator to seek police help in the discharge of his duties, .....

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