19 Jul 2007
FRESHA VALLEY V HARJIT GILL ENTERPRISES LIMITED HC AK CIV.2007-404-2852
- Citation
- openlaw-5bf32114_643b_4240_8ee4_b64f5452ff68.pdf
- Court
- High Court
Given the unmet statutory demand, the appointment of interim liquidators and credible evidence that sale proceeds existed and had been transferred to a third party, the Court required urgent preservation measures. The Court ordered Singh to surrender his passport(s) to prevent departure, required full compliance with prior disclosure orders, warned that failure to comply could lead to arrest and contempt proceedings, and maintained restraints on the sale proceeds to preserve creditors' interests pending the adjourned hearing.