Official Liquidator Of Swadeshi Mills Company Ltd. v. B. I. F. R. (Petitioner)
36-OLR-127-2024.doc
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION OFFICIAL LIQUIDATOR'S REPORT NO. 127 OF 2024 IN COMPANY PETITION NO. 385 OF 2002
IN THE MATTER OF COMPANIES ACT,
AND
IN THE MATTER OF SVADESHI MILLS
COMPANY LIMITED B. I. F. R.
)...PETITIONER Ms.Apurva Thipsay, Advocate for the Official Liquidator. Mr.Chandan Kumar, Official Liquidator, present in Court. Ms.Pooja Shah i/by Maneksha & Sethna, Advocate for the Respondent. Ms.Neha Sanji i/by Yash Jariwala, Advocate for the Rashtriya Mill Mazdoor Sangh.
CORAM
:
ABHAY AHUJA, J.
DATE :
19th DECEMBER 2024 P.C. :
1.
This Official Liquidator's Report seeks further extension of six months time granted vide order dated 9th October 2023 in Official Liquidator's Report No. 149 of 2023 pursuant to which the Official Liquidator was directed to make payments to the workers/creditors/ employees through NEFT/RTGS within a period of six months from the avk 1/2
36-OLR-127-2024.doc date of filing of the report or from the date of passing of the order of this Court, whichever was later.
2.
Ms.Thipsay, learned Counsel, appearing for the Official Liquidator submits that since the date of passing of the order dated 9th October 2023, six months' period expired on 8th April 2024 and thereafter Official Liquidator's Report No.50 of 2024 was filed for extension of time for making payments after which this Court granted time to make payments till 25th October 2024. However, since the payments are yet to be made, this Court may extend the said time by another six months for making payments to the workers, creditors and ARTI VILAS KHATATE employees.
by ARTI VILAS KHATATE Date:
2024.12.19 18:01:38 +0530 3.
Accordingly, the period to make payments as granted vide orders dated 9th October 2023 and 26th April 2024 is extended by another six months.
4.
The Official Liquidator's Report, accordingly, stands allowed and disposed as above.
(ABHAY AHUJA, J.) avk 2/2