The Greater Bombay Co-Operative Bank Ltd. v. M/S. Manthan Builders And Developers Pvt. Ltd. (Cin U45200mh2005ptc153620)

1/2 CP420.14-36

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.420 OF 2014 The Greater Bombay Co-operative Bank Ltd.

)....Petitioner V/s.

M/s.Manthan Builders & Developers Pvt. Ltd.

)....Respondent WITH OFFICIAL LIQUIDATOR'S REPORT NO.398 OF 2016 COMPANY APPLICATION NO.530 OF 2017 COMPANY APPLICATION NO.632 OF 2017 ---- Ms.Shirin Shaikh i/by Raval-Shah and Co. for petitioner. Ms.Rita D.Bhatia for respondent.

Mr.Mahendhar Aithe-Company Prosecutor for Official Liquidator present.

---- CORAM : K.R.SHRIRAM,J DATE : 20.2.2018 P.C.:- Further to the order dated 25.1.2018, Official Liquidator has filed an affidavit dated 20.2.2018 confirming publication of notice of proposed withdrawal of the petition in `Free Press Journal' in English and in `Navshakti' in Marathi on 1.2.2018. Mr.Aithe, Company prosecutor states that they have not received any claim or objection from any party. Counsel for petitioner also states that they have not received any claim or objection.

In the circumstances, petition disposed as withdrawn. KJ

2/2 CP420.14-36 Liquidator accordingly stands discharged. Company to pay sum of Rs.50,000/- as cost to Liquidator and this amount to be paid within two weeks from today. Upon receipt of the said amount of Rs.50,000/- and the Liquidator being satisfied that the company has given donation of Rs.1,00,000/- to National Defence Fund (NDF), State Bank of India, Institutional Division, Parliament Street, New Delhi, Account No.11084239799-www.pmindia.nic.in, Liquidator to return the amount of Rs.12,00,000/- that was deposited on behalf of the company.

Mr.Aithe Company prosecutor states that Official Liquidator's Report No.398 of 2016 would not survive in view of the above order. The same accordingly stands disposed. All interim applications stand disposed.

(K.R.SHRIRAM,J) KJ