MUKAT SINGH Vs. OFFICIAL LIQUIDATOR

JUDGEMENT

(1.) HEARD learned counsel for the parties.

(2.) THE petitioner has prayed, in this application filed under Section 446 of the Companies Act, for a direction to the non -applicant, the Official Liquidator, to remove the seal/lock from the premises belonging to the petitioner -applicant which were under the tenancy of the Company (in liquidation), and to hand over peaceful vacant possession thereof forthwith to him.

(3.) THE petitioner application has given out that as per the Official Liquidator he has no fund in the account of Company -in -liquidation and he has to incur expenses of transportation of the record and other articles lying in the said premises. In the submission of the petitioner, the articles lying in the said premises are of no value. In case sell is affected thereof by inviting tenders etc. it may heavily cost which may exceed the cost of the articles itself.