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Bombay High CourtOLR/26/2024withdrawn

The Official Liquidator Of Paramount Printpackaging Limited. ( In Liquidation) v. Bell Finvest (India) Ltd. (Petitioner)

2024-08-16Hon'Ble Shri Justice Abhay Ahuja2 pages

5-IAL-6932-2023.doc Digitally signed by KANCHAN PRASHANT DHURI Date:

2024.08.16 17:57:26 +0530

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION KANCHAN PRASHANT DHURI INTERIM APPLICATION (L) NO. 6932 OF 2023 IN COMPANY PETITION NO. 710 OF 2014 State Bank of India ... Applicant Vs.

Official Liquidator of Paramount Print Packaging Ltd. (in Liquidation) and another ... Respondents In the matter between :

Bell Finvest (India) Pvt. Ltd.

... Petitioner V/s.

Paramount Print Packaging Limited (Liquidation) ... Respondent WITH OFFICIAL LIQUIDATOR'S REPORT NO. 26 OF 2024 IN COMPANY PETITION NO. 710 OF 2014 In the matter of Companies Act, I of 1956 And In the matter of Paramount Print Packaging Ltd. (In Liquidation) Bell Finvest (India) Ltd.

...

Petitioner Mr. Ajinkya Kurdukar, Advocate for the Applicant. Mr. Nikhil Rajani instructed by M/s. U.Deshpande & Co. for Respondent No.2 - SVC O-op. Bank Ltd.

Ms. Akanksha Agarwal, Advocate for the Official Liquidator. Mr. Chandan Kumar, Official Liquidator, present. Kanchan Dhuri 1/2

5-IAL-6932-2023.doc

CORAM

:

ABHAY AHUJA, J.

DATE :

16 AUGUST, 2024 P.C. :

1.

The learned Counsel appearing for the Official Liquidator as well as the Applicant in Interim Application (L) No. 6932 of 2023 submit that this Interim Application as well as the Official Liquidator's Report No.26 of 2024 cannot be disposed of until the adjudication of the claim that was permitted by order dated 28th June 2024 in Interim Application (L) No. 35138 of 2023 inasmuch as the SVC Co-operative Bank Ltd. is yet to furnish certified copies of the documents. Accordingly, the Applicant in Interim Application (L) No. 35138 of 2023 is directed to furnish the documents within a period of four weeks from today and the Official Liquidator to adjudicate the claim within a period of four weeks thereafter. Till then the Interim Application (L) No. 6932 of 2023 and the Official Liquidator's Report No. 26 of 2024 be removed from board. Liberty to apply.

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