Maharashtra State Electricity Distribution Company Ltd. v. Official Liquidator High Court Bombay As Amar Dya Chem.Ltd. (In Liquidation)

901_IA_1616_20.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INTERIM APPLICATION NO. 1616 OF 2020 Maharashtra State Electricity Distribution Co. Ltd. ...

Applicant v/s.

Official Liquidator, High Court, Bombay as Amar Dyechem Limited (in liquidation) ...

Respondent WITH INTERIM APPLICATION NO. 3783 OF 2022 IN COMPANY SCHEME PETITION NO. 243 OF 2012 WITH INTERIM APPLICATION (LODGING) NO. 34002 OF 2022 IN OFFICIAL LIQUIDATOR'S REPORT NO. 33 OF 2022 Ms. Radha H. Bhandari, i/b. M. V. Kini & Co. for applicant-MSEDCL in IA/1616/20.

Ms. Shanay Shah for Official Liquidator.

Mr. Chandan Kumar, Official Liquidator.

Mr. D. P. Desai for respondent - Amar Dye Chem Limited. Dr. D. S. Hatle a/w. Mr. Deepak Jamsandekar and Mr. Mandar Surve for Intervenors (employees)/applicants in IA/3783/22. CORAM : MANISH PITALE, J.

DATE :

29th SEPTEMBER, 2023 P.C. :

Interim Application No. 1616 of 2020:

.

By this application, Ms. Bhandari, learned counsel for the applicant, has sought a direction to the official liquidator to pay energy bill amount of Rs.4,65,41,113/-.

by PRIYA KAMBLI Date:

2023.10.03 14:06:54 +0530 PRIYA KAMBLI 1/2

901_IA_1616_20.doc 2.

It is brought to the notice of this Court that the company-Amar Dye Chem Limited has now come out of liquidation in the light of the scheme that was floated in that regard.

3.

Learned counsel for the said company makes a statement that already an amount of Rs.27,65,630/- was disbursed by the official liquidator in favour of the applicant and if the said amount is deducted, the company is ready to pay the balance amount within a stipulated period of time to the applicant.

4.

There is no dispute about the fact that the amount of Rs.27,65,630/- was indeed transferred in favour of the applicant and that the balance amount is Rs.4,37,75,483/-.

5.

In view of the above, the application is disposed of as follows: (a) The company i.e. Amar Dye Chem Limited shall deposit the aforesaid balance amount of Rs.4,37,75,483/- with the applicant within eight weeks from today.

(b) The applicant shall, within one week of receipt of such amount, restore the electricity connection of the establishment of Amar Dye chem Limited.

6.

The application stands disposed of in above terms. Interim Application No.3783 of 2022:

7.

Let this application be listed for further consideration on 20.10.2023. (MANISH PITALE, J.) 2/2 Priya Kambli