The Official Liquidator High Court Bombay v. World Series Hockey Private Limited

sat 1/2 olr 209-2016.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION OFFICIAL LIQUIDATOR'S REPORT NO. 209 OF 2016 IN COMPANY PETITION NO. 467 OF 2014 In the matter of the Companies Act, I of 1956 And In the matter of winding up of M/s.World Series Hockey Pvt.Limited (In Liqn.) Laqshya Media Pvt.Ltd.

...Petitioner

Mr.Vinod Sharma, OL with Ms.Yogini Chauhan, Dy.OL. Mr.Sandesh Godse for ex-director.

Ms.Harsheen Madan I/b. Wadia Gandhi & Co.

CORAM : S.C. GUPTE, J.

17 NOVEMBER 2016 P.C. :

The OLR seeks directions for filing of a criminal complaint under Section 454(5) of the Companies Act, 1956 against an ex-director of the company (in Liqn.).

It appears that the ex-director has already filed statement of affairs under Section 454. It, however, is found by the Official Liquidator that the statement is defective.

Learned Counsel for the ex-director, who appears before the

sat 2/2 olr 209-2016.doc court, states that his client shall rectify the defects in the statement of affairs within a period of two weeks from today. The statement is accepted. The OLR is disposed of. In the event the statement of affairs is not rectified, the Official Liquidator shall bring the fact to the notice of the Court.

(S.C. Gupte, J.)