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R.P. MISHRA, EX. DIRECTOR M/S GALAXY FOREST INDIA LTD. versus THE STATE OF U.P. & OTHERS

High Court of Judicature at Allahabad

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R.P. Mishra, Ex. Director M/S Galaxy Forest India Ltd. v. The State Of U.P. & Others - COMPANY PETITION No. 28 of 2006 [2006] RD-AH 19610 (20 November 2006)

 

This is an UNCERTIFIED copy for information/reference. For authentic copy please refer to certified copy only. In case of any mistake, please bring it to the notice of Joint Registrar(Copying).

HIGH COURT OF JUDICATURE OF ALLAHABAD

Hon. Sunil Ambwani, J.

Heard Shri Rajnath N. Shukla appearing for the Official Liquidator.  The Official Liquidator is also  present.    Shri V.P. Shukla appears for Shri R.P. Misra, the Ex-Director of the company.

The Official Liquidator has filed Official Liquidator's Report No.325 of 2006 stating therein with regard to (a) M/s Galaxi Mutual Benefits Co. Ltd. (In Liq.) safe was got opened and it contained only two fixed deposit receipts one for Rs.303110/-  of Allahabad Bank and the other of Rs.178919/- of Central Bank.

Both these fix deposits have expired.  The Official Liquidator shall get them renewed in the names of the company.  The bank shall carry out these orders.

(b) With regard to Galaxi Finlease Ltd. (In Liq.) the names and account number of 205 branches and that vehicle have not been handed over.  Shri V.P. Shukla prays for and is granted one month time to give the details.

(c) With regard to M/s Galaxi Grofin Ltd. (In Liq.) 14 bank drafts have been handed over to the Official Liquidator out of which 8 have been renewed.  Let the remaining 6 bank drafts be also renewed within next one month.

(d) With regard to Galaxi Forest India Ltd. (In Liq.) copes of sale deeds have not been handed over to the Official Liquidator as yet.   In this case also Shri V.P. Shukla requests for one month time.  

The matter shall come up again on 19.12.2006.   The Ex Director will be present on that date. Let the FDRs be renewed, details of bank account numbers and the sale deed be provided to the Official Liquidator.  

The Official Liquidator informs that the sale deed of Nagpur property has been handed over today in Court.  

Dt.20.11.2006


Copyright

Reproduced in accordance with s52(q) of the Copyright Act 1957 (India) from judis.nic.in, indiacode.nic.in and other Indian High Court Websites

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