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Bombay High CourtOLR/259/2014disposed off

The Official Liquidator High Court Bombay v. Sand Piper Resorts Ltd

2015-10-19Hon'Ble Shri Justice S.J. Kathawalla2 pages

olr 259 of 2014 .sxw

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION OFFICIAL LIQUIDATOR REPORT NO.259 OF 2014 IN COMPANY PETITION NO.519 OF 2013 In the matter of the Companies Act, I of 1996 ;

and In the matter of M/s. Sand Piper Resorts Ltd. ( in Prov. Liqn. ) Riyaz Ahmed Lambay @ R.F.Lambay ...

Petitioner Mr. Sharan Jagtiani, for Official Liquidator. Mr. A. Lambhate for the Plaintiff.

Mr. Lulla , instructed by Irshad H. Khatib, for defendant No.2. Ms. A. R.Lambay, instructed by Vikas Singh for Applicant in CA No. 338 of 2015 Mr.

Mr. Vinod Kothari with Ms. S. Vidhate i/by M/s. Apex Law Partners, for secured creditors.

Mr. S. Ramakantha, Official Liquidator, present. CORAM: S.J. KATHAWALLA, J.

DATE: 19 th OCTOBER, 2015 P.C.:

1.

The learned Advocate for the Official Liquidator states that though further particulars provided by the Directors of the Company in liquidation, are not satisfactory, he is not pressing for permission at this stage to file criminal complaint under Section 454(5) of the Companies Act, 1956 read with Rule 132 of the Companies (Court) Rules, 1959 against the Ex-Directors Zeeba Irshad Khatib, Irshad ssp 1/2

olr 259 of 2014 .sxw Hussain Khatib and Ibad Khatib. The statement is accepted. The above Report is accordingly disposed of.

( S.J.KATHAWALLA, J. ) ssp 2/2