The Official Liquidator High Court Bombay v. Amrut Industries Ltd

Dixit

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION OFFICIAL LIQUIDATOR'S REPORT NO.65 OF 2017 [Liqn. IX] IN COMPANY PETITION NO.893 OF 1997 In the matter of the Companies Act, I of 1956;

And In the matter of M/s. Amrut Industries Ltd. (In Prov. Liqn.) Mr. Vinod Sharma, O.L., is present.

Ms. Yogini D. Chauhan, Dy. O.L., is present.

Ms. Mona Malhotra for the Investors.

CORAM : A.S. GADKARI, J.

DATE : 14TH JULY, 2017.

P.C. :

1.

As far as prayer clause (a) is concerned, in view of the Report submitted by the Official Liquidator and in particular paragraph No.6 thereof, the reserve price of the property in question is reduced to Rs.90,00,000/- [Rupees Ninety Lacs only], with 25% EMD. 2.

Prayer clause (b) is also granted.

[A.S. GADKARI, J.] OLR-65-17.doc