Mohan Kadam v. The Official Liquidator Of M/S Sequel Pharmaceuticals (India) Pvt Ltd (In Liqn.)

kvm 1/2 902-CAL49.17

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION (L) NO. 49 OF 2017 IN COMPANY PETITION NO. 323 OF 2013 Mohan Kadam ..... Applicant

IN THE MATTER BETWEEN

Zhejiang Hengdian Imp. & Exp.Co. Ltd.

..... Petitioner

VERSUS

The Official Liquidator, Liquidator of M/s. Sequel Pharmaceuticals (India) Pvt.Ltd., (In Liqn.) ..... Respondent Mr.Niket Jani, i/b. Dhruve Liladhar & Co. for the Petitioner. Mr.C.N.Mehta, i/b. MMK Law for the Respondent and for the Applicant. CORAM : R.D. DHANUKA, J.

DATE : 30th MARCH, 2017 P.C.

Since the dispute is settled between the parties, learned counsel appearing for the original petitioner has no objection if the company application is made absolute in terms of prayer clauses (a) and (b). Statement is accepted. Company application is accordingly made absolute in terms of prayer clauses (a) and (b). 2.

Mr.Mehta, learned counsel appearing for the applicant states that the claims received by the office of the Official Liquidator pursuant to advertising the petition are also settled by the petitioner and as on today there are no other claims against the respondent company in liquidation. Statement is accepted. The applicant is

kvm 2/2 902-CAL49.17 directed to pay a cost of Rs.25,000/- to the Official Liquidator which shall be used for the office expenses of the Official Liquidator's office and shall be credited to the said account.

3.

All authorities including the Official Liquidator and Registrar to act on the authenticated copy of the order.

4.

Issuance of certified copy is expedited.

(R.D.DHANUKA, J.)