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Allahabad Court February 2004 Judgments

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Feb 03 2004

The Official Liquidator, High Court Vs. Sri Vinay Bagla

Court: Allahabad

Decided on: Feb-03-2004

Reported in: 2004CriLJ3529; [2004]56SCL46(All)

ORDERS.P. Mehrotra, J.1. The aforesaid application has been filed by the Official Liquidator under Sections 82 and 83 of the Code of Criminal Procedure, 1973 read with Section 454(5A) of the Companies Act, 1956, interalia, praying for taking cognizance of the offence committed by Vinay Bagla (opposite party) under Section 454(5) and (5A) of the Companies Act, 1956, and for attachment of property of Vinay Bagla (opposite party), and for issuance of proclamation regarding attachment and sale of the property 'C-775, New Friends Colony, P.S. New Friends Colony, New Delhi'.2. An Affidavit, sworn by Shri S.K. Saxena, Official Liquidator on 5-11-2003, has been filed in support of the aforesaid application.3. It is, interalia, stated in the said affidavit that the company, namely, M/s. Viniyoga Clothex Limited (in liquidation) was ordered to be wound up by the order dated 24-4-1998 on the recommendation of the Board for Industrial and Financial Reconstruction (BIFR); and that complaint was fil...


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