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Bombay High CourtCA/349/2017disposed off

Rajinder Singh Walia, Proprietor Of M/S. Reliable Industrial Services v. The Official Liquidator Of M/S. Athena Financial Services Ltd.

2017-07-07Hon'Ble Shri Justice A.S. Gadkari2 pages

1 /2cal-559-16-57 Nalawade

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.559 OF 2016 IN COMPANY PETITION NO.648 OF 2004 Rajinder Singh Walia, Prop. of M/s. Reliable Industrial Services.

...Applicant.

And M/s. B.O.B. Assets Management Co. Ltd.

...Petitioner.

vs.

The Official Liquidator of M/s.

Athena Financial Services Ltd.

(in liquidation)

...Respondent.

Ms. Molina Thakur for the Applicant.

Ms. Devyani Deshmukh i/by Solomon & Co. for the original petitioner.

Mr. Mahendhar Aithe Company Prosecutor present. CORAM :A.S.GADKARI, J.

DATE : 7th July, 2017 P.C.

1.

This is an application for directions to the Official Liquidator to pay the outstanding security charges to the applicant for the period from 23.4.2017 to 31.10.2017 .The Official Liquidator has filed reply dated 23.4.2017 and in Para 15 of the said reply it has been mentioned that the applicant is entitled to only Rs.1,70,733/- plus service tax as may be applicable under the rules.

2.

In view thereof, the application is allowed and the

2 /2cal-559-16-57 Official Liquidator is directed to pay the applicant a sum of Rs.1,70,733/- plus service tax as may be applicable under the law within a period of 4-weeks from today. 3.

It is needless to mention that the applicant to provide necessary documents and comply the necessary formalities as per the rules.

4.

Application is accordingly allowed.

(A.S.GADKARI, J.)