Bombay High CourtOLR/51/2018

The Official Liquidator High Court Bombay v. Rajat Pharchem Ltd,

2018-02-28Hon'Ble Shri Justice K.R. Shriram1 pages

1/1 7.olr.51.2018.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION OFFICIAL LIQUIDATOR'S REPORT NO. 51 OF 2018 IN COMPANY PETITION NO. 419 OF 2013 In the matter of Companies Act, I of 1956 And

1) In the matter of Rajat Pharmachem Ltd.

(In Liquidation) Vidhya Pharmachem Pvt. Ltd.

.. Petitioner Mr.Vinod Sharma, official liquidator present. Mr.Mahindhar Aithe, company prosecutor for official liquidator present. ---- CORAM : K.R.SHRIRAM, J.

DATE : 28TH FEBRUARY, 2018 P.C.:

Three offers were received from Sayed Moh. Saad of Saad Traders, Mr.Nabi A. Shaikh of F.D.Enterprises and Mr. sayed Zakir Hussain of Bright Star Trading. Each of the offer is too way below the reserve price and therefore, all three offers are rejected. EMD's be returned. OLR allowed in terms of prayer clause (c) and accordingly disposed. (K.R. SHRIRAM, J.) Shraddha Talekar, PS.