Theft of Assets by DP Ojha official liquidator Delhi and ML Sharma.

As per the norms of Official Liquidator, he has to make inventory of assets the moment he takes possession he has to make inventory of assets which is countersigned by security agency also. However D P Ojha, official Liquidator presently New Delhi has never made any inventory of assets on day of possession. He prepares the inventory after he has stolen the most of the steal-able assets.  Even then he does not stop stealing even after Inventory is prepared, he would again steal the assets and then himself lodge the FIR. Non preparation of inventory at the time of possession, Non verification of assets after two months. Non disposal of assets within four months are evidence of theft by D P Ojha OL Delhi. Following are few such cases by way of evidence of theft committed by D P Ojha OL Delhi.

 

It says in end ”No assets are lying in the Premises”  The company had assets worth Rs 4.00 crores and they have all been stolen by D P Ojha OL Delhi and he says there are five hundred companies under him. so the extent of theft and loss to public property is Rs 4 crores into 500 = 20,000,000,000/-

As per norms he is not required to keep the assets under his custody for more than four months as detailed hereunder;-

Order of winding Up is treated as 1^st day of month

1^st month (1 – 30 day)      Official Liquidator (OL) gives notice to ex-directors for filing statement of affairs offering that all expenses in terms of section 454 (4) will be paid by OL. OL also takes last balance sheet from ROC. In meantime OL takes possession of assets as per balance sheet or as available at registered office of Company and invites claims. Possession to be taken within 15 days Valuation to be filed within 15 days next. Assets can also be given on ‘Superdari’ to Banks.

2-3^rd month (60 Days)       Advertisement for sale. Sale proclamation is for 60 days with reserve price. Claims be also invited simultaneously and can be settled meanwhile.

4^th month  (30 days) Confirmation applied. 30 days are given for filing objections. 30 days given for objections on settlement of Claims done by CA.

By end of 4^th month sale is confirmed, Sale proceeds disbursed and Companies dissolved.

Kapil Dev Aggarwal