The Official Liquidator Of Gol Offshore Limited. (In Liquidation) v. Export Import Bank Of India. (Petitioner)

59-OLR-55-2024.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION OFFICIAL LIQUIDATOR REPORT NO.55 OF 2024 IN COMPANY PETITION NO.756 OF 2014 AND COMPANY PETITION NO.119 OF 2015

IN THE MATTER OF COMPANIES ACT,

AND

IN THE MATTER OF GOL OFFSHORE

LTD. (IN LIQUIDATION) EXPORT IMPORT BANK OF INDIA AND ANR.

)... PETITIONERS Ms.Akanksha Agrawal, Advocate for the Official Liquidator. Mr.Chandan Kumar, Official Liquidator and Ms.Nikita Yadav, Assistant Official Liquidator, present in Court.

CORAM

:

ABHAY AHUJA, J.

DATE :

22nd AUGUST, 2024 ARTI VILAS KHATATE P.C. :

ARTI VILAS KHATATE Date: 2024.08.23 10:46:38 +0530 1.

This Official Liquidator's Report seeks the following prayer : "(a) In view of para (4) of this report, whether this Hon'ble Court may be pleased to permit the Official Liquidator to pay a sum of Rs.28,426/- to Admire Publicity Private Limited, Panel Advertising agency towards advertising charges, out of the funds available to the credit of the company (in liqn), subject to deduction of TDS, as applicable."

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59-OLR-55-2024.doc 2.

Ms.Agrawal, learned Counsel, appears for the Official Liquidator and submits that the Official Liquidator's Report seeks payments towards advertisement.

3.

Having heard the learned Counsel and having considered the submissions, the Official Liquidator's Report is allowed in terms of prayer clause (a), which reads thus :

"(a) In view of para (4) of this report, whether this Hon'ble Court may be pleased to permit the Official Liquidator to pay a sum of Rs.28,426/- to Admire Publicity Private Limited, Panel Advertising agency towards advertising charges, out of the funds available to the credit of the company (in liqn), subject to deduction of TDS, as applicable."

4.

The Official Liquidator's Report, accordingly, is allowed and stands disposed.

(ABHAY AHUJA, J.) avk 2/2