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Madras High CourtCOMP.A/1198/2014dismissed

The Official Liquidator v. Mrs.Chandra Krishnamurthy

2023-10-20Honourable Mr Justice C. Saravanan2 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 17.04.2026

CORAM

THE HONOURABLE MR.JUSTICE SENTHILKUMAR RAMAMOORTHY Comp.A.No.1198 of 2014 in C.P.No.82 of 2011 The Official Liquidator High Court, Madras as the Provisional Liquidator of M/s.Mascon Global Limited (in Provisional Liquidation) ... Applicant -vsMrs.Chandra Krishnamurthy No.26, West Way Greenwich, Ct-06870, United States of America and 2 others ... Respondents For Applicant : Ms.B.Ambili, Deputy O.L.

ORDER

The Official Liquidator submits that 11 active companies from and out of 21 companies in which the company in liquidation had invested were short listed in the first stage. She submits that communications were 1/2 https://www.mhc.tn.gov.in/judis

SENTHILKUMAR RAMAMOORTHY,J.

kj addressed to said companies and that the Official Liquidator consulted M/s.Alagar and Associates, Company Secretaries, for necessary guidance in relation to the realisation of the values of these investments. She seeks further time to provide an update in this regard.

2. The Official Liquidator is directed to ascertain the market price of actively traded companies from and out of the investments of the company in liquidation. In relation thereto, necessary steps shall be taken to sell the shares and realise the value thereof.

3. List the matter on 05.06.2026.

17.04.2026 kj Comp.A.No.1198 of 2014 in C.P.No.82 of 2011 2/2 https://www.mhc.tn.gov.in/judis