(1.) Instant company application has been filed by the Official Liquidator under Section 543 of the Companies Act, 1956 seeking following relief:-
(2.) This Court vide order dated 24/05/2002 framed following issues:-
(3.) Statements of Mr. RC Mishra, Official Liquidator and Mr. NC Jain, Chartered Accountant were recorded and they were crossexamined, whereafter counter affidavit was filed by Mr. Sanjay Modi on 02/05/2003 and his statement was recorded on 19/09/2011.