The Official Liquidator High Court Bombay v. M/S. Loop Mobile (India) Ltd.

1/2 12.OLR-80-2018.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION OFFICIAL LIQUIDATOR'S REPORT NO.80 OF 2018 WITH COMPANY APPLICATION NO.549 OF 2017 IN COMPANY PETITION NO.830 OF 2014 In the matter of the Companies Act, I of 1956 And In the matter of Loop Mobile (India) Limited (In Liqn.) Indus Towers Limited ....Applicant

IN THE MATTER BETWEEN:

Megasoft Limited V/s.

The Liquidator of Loop Mobile (India) Limited (in Liqn.) ....Respondent ---- Mr. P. Atchuta Ramaiah, Official Liquidator present. Mr. Mahendhar Aithe, Company Prosecutor for Official Liquidator present. Ms. Swati Deshpande I/b. MDP and Partners for IDBI Bank Limited. ---- CORAM : K.R.SHRIRAM, J.

DATE : 25th JULY, 2018 P.C.:

Ms. Deshpande, counsel appearing for IDBI Bank Limited has no objection to prayer clauses - (a), (b) and (d) being granted in this Official Liquidator's Report. Ms. Deshpande states that prayer clause - (c) could be considered later after movables are sold and premises vacated. Mr. Aithe, Company Prosecutor for Official Liquidator states that fresh Official Liquidator's Report will be filed for grant of relief in terms Gauri Gaekwad

2/2 12.OLR-80-2018.doc of prayer clause - (c) at the appropriate stage. Therefore, Official Liquidator's Report is allowed and accordingly disposed in terms of prayer clauses - (a), (b) and (d). by Gauri Amit Gaekwad Date:

2018.07.25 19:29:36 +0530 Gauri Amit Gaekwad (K.R. SHRIRAM, J.) Gauri Gaekwad