The Official Liquidator v. Nil

COMP.A No. 308 of 2025

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 19-12-2025

CORAM

THE HONOURABLE Mr. JUSTICE N. ANAND VENKATESH COMP.A No. 308 of 2025 IN C.P.No.230 of 2004 The Official Liquidator High Court, Madras as the Liquidator of M/s.RBF Nidhi Limited (in Provisional Liquidation) Applicant(s) PRAYER (a)To take this report on record (b) To permit the Official Liquidator to make payment of Rs.29,500/- (Rs.23,600 plus Rs.5,900) to the valuer M/s.ITCOT Limited towards professional fee from the funds of the company in provisional liquidation (c) To meet the costs of this application to come out of the funds of the company in provisional liquidation For Applicant(s):

Mr.Pola Raghunath Official Liquidator

ORDER

This application has been filed by the Official Liquidator to permit the Official Liquidator to make payment of Rs.29,500/- to the valuer, towards professional fees from the funds of the company in provisional liquidation and to meet the cost of this application.

2.This Court went through the report of the Official Liquidator. https://www.mhc.tn.gov.in/judis

COMP.A No. 308 of 2025 N. ANAND VENKATESH, J.

gya 3.It is seen from the records that a decree was already passed and the Official Liquidator was in the process of recovering the decree amount. The notice that was sent to the judgment debtor was returned with an endorsement "left".

4.Thereafter, steps were taken for bringing the property for sale in order to recover the amount. In that process, the Official Liquidator has availed the services of the valuer to value the property and accordingly, incurred expenses towards the same. Hence, this application is allowed as prayed for. gya 19-12-2025 COMP.A No. 308 of 2025 IN C.P.No.230 of 2004 https://www.mhc.tn.gov.in/judis