9911796707
TMI Blog2013 (8) TMI 1191X X X X Extracts X X X X X X X X Extracts X X X X ..... ng up of THE respondent-Company. 2. The respondent company was incorporated on 01st February 1985. It is a non banking financial company as defined under Section 45-I(f) of the Reserve Bank of India Act, 1934 having the main objective as mentioned in paragraph 5 of the Company Petition and bound by the directions issued by the Reserve Bank of India as amended from time to time. 3. The respondent company was carrying on the business of non banking financial institution after obtaining certificate of registration from the RBI under Chapter III-B of the said Act. This Court vide order dated 13.01.2012 has appointed an official liquidator of this Court as provisional liquidator who has taken charge of the assets and properties of the responde ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... contents of the lockers. After taking inventory, the official liquidator shall obtain signatures of the applicant and the representative of the RBI. (ii) All the contents/articles in the lockers, after inventory, are directed to be kept back in the lockers. (iii) The keys of the lockers, which the applicant is possessing, shall remain with him, until further orders. 7. Accordingly, the lockers were opened and an inventory was drawn in the presence of officers as indicated in the order dated 01.08.2013. The Official Liquidator has filed a memo dated 05.08.2013 and has placed on record minutes/mahazar of the opening of the lockers with the list of articles kept therein. Learned counsel appearing for the official liquidator, on instructi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... licant and his wife. The applicant and his wife will execute an indemnity bond and furnish undertaking/ affidavit, as aforementioned jointly before taking possession of the articles. The indemnity bond and the undertaking/affidavit shall remain operative/bind them for a period of one year from the date of taking possession of the articles and subject to the order, if any, passed by this Court in Company Petition within the period of one year either at the instance of the Official Liquidator or any other person. 9. The Official Liquidator shall keep an Officer of the Reserve Bank of India present while handing over the articles as aforementioned to the applicant and his wife. If any of ex-Directors is available, the Official Liquidator may ..... X X X X Extracts X X X X X X X X Extracts X X X X
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