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Bombay High CourtOLR/139/2017

The Official Liquidator High Court Bombay v. M/S.Dimple Cine Advertising Pvt. Ltd

2017-12-06Hon'Ble Shri Justice K.R. Shriram2 pages

19.olr.139.2017.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION OLR NO. 139 OF 2017/VI IN COMPANY PETITION NO. 429 OF 2011 In the matter of the Companies Act, I of 1956.

And In the matter of Dimples Cine Advertising Pvt. Ltd.

(In Liquidation) Indusind Bank Ltd.

.. Petitioner Mr. Kador Kajan S. Nadar for Ex-director Mr. Narasimhan Narayanan. Mr.Mahendhar Aithe, Company Prosecutor for Official Liquidator present. CORAM : K.R.SHRIRAM, J.

DATE : 6TH DECEMBER 2017 P.C.

Mr. Nadar appearing for ex-director Mr.Narasimhan Narayanan states that Mr.Narasimhan Narayanan has filed undated statement of affairs with affidavit in support dated 18th September 2017. Shri Aithe, company prosecutor states that the same is not in the form as required and cannot be accepted as statement of affairs.

Mr. Nadar states that the Ex-director Mr. Narasimhan Narayanan shall Shraddha Talekar PS 1/2

19.olr.139.2017.doc file statement of affairs in the proper format as required by the official liquidator within two weeks from today.

So far as the other director- Mr.Panchapikesa Subramania Saminathan is concerned, Shri Aithe states that he has been served on 27th September 2017. Therefore, Shri Aithe seeks order in terms of prayer clause (a) so far as Mr.Panchapikesa Subramania Saminathan is concerned. The same is granted.

If Mr.Narasimhan Narayanan, the other Ex-director does not file the statement of affairs within further two weeks granted, as per required format, the official liquidator shall file a fresh OLR. (K.R. SHRIRAM, J.) Shraddha Talekar PS 2/2