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Bombay High CourtOLR/1/2024disposed off

The Official Liquidator Of Jaywant Chemicals Pvt. Ltd. (In Liquidation) v. Bombay Ammonia And Chemical Co. (Petitioner)

2024-12-12Hon'Ble Shri Justice Abhay Ahuja2 pages

49-OLR-1-2024.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION Digitally signed by KANCHAN PRASHANT DHURI Date:

2024.12.12 18:55:06 +0530 KANCHAN PRASHANT DHURI OFFICIAL LIQUIDATOR'S REPORT NO. 1 OF 2024 IN COMPANY PETITION NO. 528 OF 2004 In the matter of the Companies Act, I of 1956, And In the matter of Jaywant Chemicals Pvt. Ltd. (In Liquidation) Bombay Ammonia and Chemical Co.

... Petitioner WITH INTERIM APPLICATION (L) NO. 26363 OF 2024 IN COMPANY PETITION NO. 528 OF 2004 ------------- Ms. Akansha Agarwal, Advocate for the Official Liquidator. Mr. Chandan Kumar, Official Liquidator with Mr. Chetan Shelke, Assistant Official Liquidator, present.

Mr. Anilkumar Patil alongwith Ms. Zeel Jain and Mr. Digvijay Patil, Advocate for the Noticee No.3.

-------------

CORAM

:

ABHAY AHUJA, J.

DATE :

12 DECEMBER 2024 P.C. :

1.

Both the learned Counsel for the Interim Applicant as well as the Official Liquidator agree that in view of the numerous attempts to auction the subject immovable and movable properties, having failed Kanchan Dhuri 1/2

49-OLR-1-2024.doc earlier and that the last valuation report in respect of the subject property being over a year old, the Interim Application as well as the Official Liquidator's Report can be disposed of by appointing M/s. Shetgiri and Associates to value the immovable properties situated at 54/2/B/1 (Old No.54/2/2-A), Varadipada, Chinchpada, Taluka Navapur, District Nandurbar and to take the inventory of the movables and the plant and machineries situate thereon and value the same. Ordered accordingly.

2.

M/s. Shetgiri and Associates to carry out valuation as above and present his report to the Official Liquidator. 3.

All the stakeholders to co-operate with M/s. Shetgiri & Associates and the Official Liquidator.

4.

The Official Liquidator's Report and the Interim Application to accordingly stand disposed.

(ABHAY AHUJA, J.) Kanchan Dhuri 2/2