Case Law Details
In view of the order dated 23rd August, 2011 passed in Co. Appl. 1633/2011 in Co. Pet. No. 265/1998 as well as the fact that sale deeds in the present applications have been executed and some payments have been paid only after appointment of Provisional Liquidator, this Court finds no infirmity in the decision rendered by the One Man Committee. It is pertinent to mention that the sale deeds have been executed contrary to a specific injunction order dated 05th June, 1998 and the payments made by the applicants after the appointment of Provisional Liquidator have not been received by the Official Liquidator. Further, no transparent procedure of sale/auction has been followed as is normally done in cases after appointment of Provisional Liquidator. Consequently, this Court is of the opinion that even though the applicants are entitled in law to invoke the jurisdiction of the Court under Section 536(2) of the Companies Act, 1956, yet keeping in view the totality of the facts of the case, this Court is not inclined to grant any relief under the said Section.
HIGH COURT OF DELHI
CO. APPLS. 2274/2011, 2280/2011, 2283/2011, 2286/2011, 2289/2011, 2292/2011, 2301/2011, 2304/2011, 2307/2011 & 2313/2011 IN CO. PET. 265/1998
Reserve Bank of India Vs M/s. JVG Finance Ltd.
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I had purchased a plot in jvg hills through jvg finance and project in the year 1995 and paid full consideration of 2.68 Lacs for plot noB532 of 500 ssq yds.i have all the papers and receipt of payment made.i was shocked to learn that plot is
registered in third parties name.my name is shivraj pershad and cell no is9347235588.seek your help.Thanks
I had purchased a plot in jvg hills through jvg finance in year 1995 and paid full consideration of value. of Rs ,2.68 Lacs for plot bearing no B532
I have all the papers and receipt from jvg project .
I was shocked to learn that said plot is registered in name of third party I seek your help and guidance in protecting myy plot.
My name is shivraj pershad and cell no is9347235588
Thaks