SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
(the "EXCHANGE ACT")
Date of Report (date of earliest event reported): June 20, 2001
NETSOL INTERNATIONAL, INC.
(the "COMPANY")
(Exact Name of Registrant as Specified in its Charter)
Nevada
(State or Other Jurisdiction of Incorporation)
333-28861 95-4627685
(Commission File Number) (IRS Employer Identification No.)
(Address of Principal Executive Offices, Including Zip Code)
24025 PARK SORRENTO, SUITE 220, CALABASAS, CA 91302
(818) 222-9195
(Registrant's Telephone Number, Including Area Code)
INFORMATION TO BE INCLUDED IN THE REPORT
ITEM 3. BANKRUPTCY OR RECEIVERSHIP
On June 18, 2001, the District Court of Clark County, Nevada, pursuant
to a hearing on the NetSol International, Inc. vs. Jonathan D. Iseson, et al.
civil action (Case No. A435871) for a pending motion for a preliminary
injunction appointed George C. Swarts as Temporary Receiver with full power for
the Company and all of its subsidiaries and affiliates. The Court ordered that
all communications from the Company be directly from the Receiver or approved
in advanced by the Receiver. The Court also ordered that Mr. Swarts file a bond
with the clerk of the Court by June 28, 2001.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits. The following documents are filed as exhibits to this
report:
99.1 Order, District Court, Clark County, Nevada, Case No. A4345871
dated June 18, 2001.
SIGNATURES:
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
NETSOL INTERNATIONAL, INC.
By: /s/ GEORGE C. SWARTS
--------------------------------
(Print name and title of signing officer)
George C. Swarts, Receiver
Dated: June 20, 2001
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