Edelweiss Asset Reconstruction Company Ltd v. The Official Liquidator High Court Bombay As Liquidator Of Aqua Logistics Ltd

34.CA-765-2015

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.765 OF 2015 WITH OLR NO.436 OF 2015 IN COMPANY PETITION NO.409 OF 2010 Edelweiss Asset Reconstruction Co. Ltd.

....Applicant

IN THE MATTER BETWEEN :

IJS Global Inc.

....Petitioner Vs.

The Official Liquidator of M/s. Aqua Logistic Limited ....Respondent ---- Mr. Rohit Gupta a/w. Mr. Nikhil Rajani i/b. V. Deshpande & Co. for the applicant.

Ms. Pratibha Ramaswamy, Assistant Official Liquidator present. ---- CORAM : K.R.SHRIRAM,J DATE : 6th January, 2016 P.C.:- The counsel for the applicant states that they will strictly comply with the provisions of SARFAESI Act and in particular section 13. The counsel for the applicant further states that they are pressing for prayer clause - (a). The Assistant Official Liquidator has no objection and states that the mortgaged property can be handed over to the applicant. The Official Liquidator to hand over the mortgaged property to the applicant within four weeks from today. Gauri Gaekwad

34.CA-765-2015 The application accordingly stands disposed.

The Assistant Official Liquidator states that they have already done the valuation of the mortgaged property. The applicant to pay the valuers' charges to the Official Liquidator within two weeks from today. In view of the above, the Official Liquidator Report No.436 of 2015 does not survive and is accordingly disposed. (K.R.SHRIRAM,J) Gauri Gaekwad