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Bombay High CourtOLR/3/2025disposed off

Official Liquidator Of Jain Spinners Ltd. (In Liquidation) v. B.I.F.R. (Petitioner)

2025-06-20Hon'Ble Justice Sharmila U. Deshmukh1 pages

2025:BHC-OS:9177 4 OLR-3-2025.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION OFFICIAL LIQUIDATOR REPORT NO. 3 OF 2025 IN COMPANY PETITION NO. 253 OF 2002 In the matter of Companies Act, I And In the matter of Jain Spinners Ltd. (In Liquidation) B.I.F.R.

...Petitioner

------ Ms. Apurva Thipsay, Adv. for OL.

------ Coram : Sharmila U. Deshmukh, J.

Date : 20th June, 2025.

P. C. :

1.

The Official Liquidator's Report seeks the following directions: "a) In view of Para (5) above, whether this Hon'ble Court may be pleased to permit the Official Liquidator to appoint a Chartered Accountant from the panel of Official Liquidator and avail the services of panel Chartered Accountant for the purpose of scrutinizing/adjudicating and preparation of the list of claims to be admitted/rejected in respect of the Company (In Liqn.), and pay the professional fees as per scale of fees decided by this Hon'ble Court vide order dated 07.02.2020 passed in OLR No. 35 of 2020 from funds lying in the credit of the Company (In Liqn.)". 2.

Considering the explanation which has been given in the report, the same is allowed in terms of prayer clause (a) [Sharmila U. Deshmukh, J.] Sairaj 1 of