The Federal Bank Ltd v. The Official Liquidator Of Trident Steels Ltd And 5 ORS

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION OFFICIAL LIQUIDATOR'S REPORT NO. 141 OF 2017/LIQN.IX WITH OFFICIAL LIQUIDATOR'S REPORT NO. 235 OF 2016/LIQN.IX IN COMPANY PETITION NO. 360 OF 1998 In the matter of the Companies Act, I of 1956.

And In the matter of M/s. Trident Steels Ltd.

(In Liquidation) Integrated Finance Company Ltd.

.. Petitioner WITH COMPANY APPLICATION NO. 282 OF 2015 IN COMPANY PETITION NO. 360 OF 1998 M/s. CD Safety and Securities Services Pvt. Ltd.

.. Applicant In the matter between :

Integrated Finance Company Ltd.

.. Petitioner Vs.

The Official Liquidator of M/s. Trident Steels Limited .. Respondent WITH COMPANY APPLICATION (LODG.) NO. 635 OF 2017 IN COMPANY PETITION NO. 360 OF 1998 The Federal Bank Limited .. Applicant In the matter between :

Integrated Finance Company Ltd.

.. Petitioner 1/3

Vs.

The Official Liquidator of M/s. Trident Steels Limited .. Respondent Mr.Vishesh Malviya i/b M/s. Federal & Rashmikant for petitioner. Ms. J. Pandey i/b A.R. Bhole &Co. for respondent no.6 (MIDC) in OLR/141/2017, CP/360/1998.

Mr. Akbar Rizvi i/b AKS Legal Consultants for IDBI Bank Ltd. & SASF in OLR/141/2017, CP/360/1998.

Mr.G.S. Bhat for Ex-director.

Ms.Molina Thakur for security agency in CA/282/2015. Mr.Vivek Sawant for the the Federal Bank in CAL/365/2017. Mr. Mahendhar Aithe, company prosecutor for official liquidator present. CORAM : K.R.SHRIRAM, J.

DATE : 18TH APRIL 2018 P.C.

Shri Aithe, company prosecutor states nothing survives in this OLR in view of the order passed on 14th December 2017 in OLR No.305 of 2017. OLR accordingly stands disposed.

Shri Aithe states that OLR No.235 of 2016 also be disposed. Therefore, OLR No. 235 of 2016 also stands disposed. In view of this order, Shri Sawant states that Company Application (Lodg.) No.635 of 2017 taken out by the Federal Bank Limited also does not survive.

Company Application (Lodg.) No.635 of 2017 stands disposed. 2/3

Shri Aithe states that he will respond to the communications received from all the parties within two weeks. Statement accepted. (K.R. SHRIRAM, J.) 3/3