Official Liqiuidator Of Desmo Exports Limited(In Liquidation) v. Zhejiang Medicines And Health Products Import And Export Co. Ltd.

40-olr159-25.doc vai

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION VASANT ANANDRAO IDHOL OFFICIAL LIQUIDATOR REPORT NO.159 OF 2025 IN COMPANY PETITION NO.358 OF 2016 by VASANT ANANDRAO IDHOL Date: 2026.02.11 11:19:34 +0530 In the matter of Companies Act, I, And In the matter of Desmo Exports Ltd. (In Liqn.) Zhejiang Medicines & Health Products Import & Exports Co. Ltd.

...Petitioner

Mr.Anirudh Hariani for the Official Liquidator. Mr.Satyajit Roul, Official Liquidator and Mr.J.P. Gautam, Dy.Official Liquidator are present.

CORAM : ARIF S. DOCTOR , J.

DATE : 6TH FEBRUARY, 2026.

P.C. :- 1.

Today, Mr.Hariani, learned counsel appearing on behalf of the Official Liquidator, has placed on record the valuation report submitted by Shetgiri & Associates, Mumbai. 2.

Having perused the same, since the the consolidated 1/2

40-olr159-25.doc value of both the plots i.e. plot C-108 and C-108/1 has been given by the Official Liquidator, since it is proposed by the Official Liquidator both plots as one.

2.

Having perused the valuation report, I set the reserve price at Rs.48.00 crores and the EMD Rs.48,00,000/- The reports are put back in sealed cover and the Official Liquidator's Report is accordingly allowed in terms of prayer clauses (a) to (e). (ARIF S. DOCTOR, J.) 2/2