The Official Liquidator Of Duplex Industries Limited. (Petitioner) v. L And T Finance Limited. (Petitioner)

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION OFFICIAL LIQUIDATOR'S REPORT NO. 29 OF 2024 IN COMPANY PETITION NO. 515 OF 2012

IN THE MATTER OF THE COMPANIES ACT,

I OF 1956 AND

IN THE MATTER OF DUPLEX INDUSTRIES

LIMITED (IN LIQUIDATION) M/S. L AND T FINANCE LIMITED )...PETITIONER Mr.Ranjeev Carvalho, Advocate for the Official Liquidator. Mr.Chandan Kumar, Official Liquidator, present in Court. Ms.Nikita Yadav, Assistant Official Liquidator, present in Court. Mr.H.S.Venegaonkar a/w. Mr.Aayush Kedia, Advocate for the Enforcement Directorate.

CORAM

:

ABHAY AHUJA, J.

DATE :

20th JUNE 2024 P.C. :

1.

This Official Liquidator's Report seeks the following directions : (a) In view of para 7 of this report, whether this Hon'ble Court may be pleased to stay the summons dated 22.01.2024 for personal appearance issued by the Directorate of Enforcement, MBZO-II, Mumbai;

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(b) In view of para 8 of this report, whether this Hon'ble Court may be pleased to direct the State Bank of India to handover all the records of the company (In Liqn.) lying to the Registered office of the company (In Liqn.) situated at CST No.712, S. No.140, Flat No. 2, Prachi Residency, Bhelke Nagar, Kothrod, Pune-411038 and factory premises at Plot No.A-3, Kurkumbh Industrial Area, M.I.D.C., TalukaDaund, Pune to the Official Liquidator, High Court, Bombay. 2.

Mr.Venegaonkar, learned Counsel, appears for the Enforcement Directorate and submits that the Enforcement Directorate has only issued summons under the statutory provision viz. Section 50 of the Prevention of Money Laundering Act, 2002, and that the Official Liquidator can attend to the same and give statement and documents, if any, in pursuance of the investigation.

3.

Mr.Carvalho, learned Counsel for the Official Liquidator, submits that the Official Liquidator's office had responded to the Enforcement Directorate vide communication dated 25th January 2024, making submission with respect to the documents in their possession. avk 2/3

4.

Accordingly, let the Official Liquidator present himself before the Enforcement Directorate on Monday, 24th July 2024 at 11.00 a.m and give a statement and submit documents in his possession. 5.

The Official Liquidator's Report, accordingly, stands disposed. (ABHAY AHUJA, J.) ARTI VILAS KHATATE ARTI VILAS KHATATE Date: 2024.06.20 18:49:16 +0530 avk 3/3