Mangalore Shanthi Pai v. Investor Education And Protection Fund And 3 ORS

94.IA.1292.2025.doc HARSHADA H. SAWANT (P.A.) IN IN THE THE HIGH HIGH COURT COURT OF OF JUDICATURE JUDICATURE AT AT BOMBAY BOMBAY TESTAMENTARY AND INTESTATE JURISDICTION TESTAMENTARY AND INTESTATE JURISDICTION INTERIM APPLICATION NO.1292 OF 2025 IN TESTAMENTARY PETITION NO.3178 OF 2023 Suneethy Kalyanpur Baliga alias Kalyanpur Suneethy Baliga alias Kalyanpur Suneethi Baliga alias Kalyanpur Suneethi Bai alias K Suneethy Bai alias K Suneethi Baliga alias Suneethi K Baliga .. Deceased Mangalore Shanthi Pai .. Applicant

IN THE MATTER BETWEEN

Mangalore Shanthi Pai .. Petitioner

Versus

The Investor Education and Protection Fund and Ors.

Respondents ....................

 Ms. Sheetal Shah a/w. Mr. Sanyam Jain, Advocates i/by M/s. Mehtaand Girdharlal for Applicant / Petitioner. ...................

CORAM

: MILIND N. JADHAV, J.

DATE : OCTOBER 08, 2025 P.C.

:

1.

Heard Ms. Shah, learned Advocate for Applicant / Petitioner. 2.

Respondents are put to notice.

3.

The entitlement letter of the Company to Respondent No.1 is dated 11.03.2024 and positive e-verification is dated 19.06.2024. The 60 days window period begins from the date of receipt of e-verification report.

4.

Once that is done there is no reason for Respondent No.1 to

94.IA.1292.2025.doc withhold the transfer of shares as also the amounts into account of Petitioner.

5.

Copy of this Interim Application is already served on Respondents. Affidavit of service is filed in the Court. 6.

Responsible Officer of Respondent No.1 is directed to remain present on the next adjourned date when matter will be listed for hearing.

7.

Copy of this order shall be served on Respondent No.1 by Advocate for Petitioner.

8.

Stand over to 19th November, 2025.

H. H. SAWANT [ MILIND N. JADHAV, J. ] by HARSHADA HANUMANT SAWANT Date: 2025.10.09 15:33:13 +0530 HARSHADA HANUMANT SAWANT