IN THE HIGH COURT FOR THE STATES OF PUNJAB AND HARYANA AT CHANDIGARH. CA No. 500-501 of 2012 and CP No. 61 of 2010. [O&M] Date of Decision: 03rd October, 2012. M/s Prema Knit Fabrics [P] Limited Petitioner through Mr. Parveen Gupta, Advocate, for the Official Liquidator. Versus Shri Greesh Kumar & Anr. Respondents CORAM:HON'BLE MR. JUSTICE SURYA KANT. 1. Whether Reporters of local papers may be allowed to see the judgment? 2. To be referred to the Reporters or not? 3. Whether the judgment should be reported in the Digest? SURYA KANT, J. [ORAL] This petition under Section 456 of the Companies Act, 1956 has been instituted by the Official Liquidator alleging that the respondents who are ex-Directors of the Company-in-Liquidation-M/s Prema Knit Fabrics [P] Limited have failed to hand-over assets, properties, books of accounts and records of the Company, which was ordered to be wound-up by this Court vide order dated 15.03.2007 passed in CP No. 212 of 2003 and the Official Liquidator attached to this Court was appointed as its Liquidator. In view of the order of even date passed in the CP No. 60 of 2010 filed under Section 454[5-A] of the Companies Act, 1956, this petition is also dismissed for non-prosecution, however, with liberty to the Official Liquidator to initiate fresh proceedings on continuing cause of action as and when the respondents are traceable. Disposed of. CA No. 500-501 of 2012 In view of the above order passed in the main case, these misc. applications are rendered infructuous and are disposed of accordingly. October 03, 2012. ( SURYA KANT ) dinesh JUDGE