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Bombay High CourtOLR/45/2022disposed off

The Official Liquidator Of Core Education And Technologies Limited.(In Liquidation) v. Credit Suisse Finance (India) Private Ltd

2023-02-01Hon'Ble Shri Justice N. J. Jamadar1 pages

27-olr-45-2022.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION OFFICIAL LIQUIDATOR'S REPORT NO.45 OF 2022 IN COMPANY PETITION NO.926 OF 2014 In the matter of Companies Act, 1 of 1956 And In the matter of Core Education & Technologies Limited (In Liqn.) Credit Suisse Finance (India) Private Limited

...Petitioner

Mr. Shanay Shah, for the Official Liquidator. Mr. Shatrughan Chauhan, Dy. O.L. present.

CORAM :

N. J. JAMADAR, J.

DATE :

FEBRUARY 01, 2023 P.C.:

1.

Heard.

2.

Mr. Shah, the learned counsel for the Official Liquidator submits that the report survives qua the prayer clause (c)(iii) which pertains to direction for the sale of the vehicle bearing No. MH-43-R-8857 Toyoto Innova car, of which the valuation report is submitted by M/s. A.V.Shetty and Associates.

3.

The reserve price in respect of the said vehicle is fixed at Rs. 2,50,000/-.

4.

EMD shall be Rs. 25,000/-.

5.

The prayer clause (d) stands allowed in respect of said vehicle subject to the aforesaid stipulation.

6.

Report is re-sealed.

(N. J. JAMADAR, J.) Vishal Parekar, P.A.

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