OFFICIAL LIQUIDATOR Vs. SANJAY JAIN

JUDGEMENT

(1.) THE Official Liquidator of M/s. San India Electrochem Private Limited (In liquidation) has filed this application under Section 454 of the Companies Act, 1956.

(2.) THE facts of the case are that M/s. San India Electrochem Private Limited (In liquidation) having its registered office at C -2, Bhagwan Das Road, C -Scheme, Jaipur and worked at Plot No. K -1921, Road No. 1, Jaitpura Industrial Area, Jaipur, was ordered to be wound up on 20 -3 -1997 in S.B. Company Petition No. 24/96, titled Design Fabrication and Consultant Engineers v. San India Electrochem Private Limited.

(3.) REFERRING to the contents of Para No. 5 of the application of the non -applicants for recalling of the order dated 20 -3 -1997 the Official Liquidator stated that Shri Sanjay Jain, non -applicant No. 1, has referred that the possession of the assets of the company is taken by the RIICO on 3 -9 -1996. It is stated that the RIICO has taken over the possession of the fixed assets of the company (in liquidation) situated at Plot K -1921, Road No. 1, Jaitpura Industrial Area, Jaipur.