Friday, 10 April 2015

HC nods to appointment of Special Officer in lieu of provisional liquidator due to indication of rev

CL: Where there existed a prima facie case for winding up and strong case of indebtness of company which had been established and State was of view that if assets of company were properly managed, there could be a chance of revival, order appointing Official Liquidator as Special Officer in lieu of provisional liquidator was to be confirmed


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