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Bombay High CourtIA/2192/2025absolute

Sameer Hemant Kale v. M/S. Ashok Commercial Enterprises And ORS

2025-11-28Hon'Ble Justice Shri Arif S. Doctor3 pages

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INTERIM APPLICATION(L) NO. 648 OF 2021 IN COMPANY PETITION NO. 291 OF 2014 Subash Chandra Sahoo ...Applicant In the matter between :

Ashok Commercial Enterprises & Anr.

...Petitioners

Versus

The Official Liquidator of Mantri Realty Ltd. & Anr.

...Respondents

AND INTERIM APPLICATION NO. 2424 OF 2021 IN COMPANY PETITION NO. 291 OF 2014 Sakti Mukherjee ...Applicant In the matter between :

Ashok Commercial Enterprises & Anr.

...Petitioners

Versus

The Official Liquidator of Mantri Realty Ltd. & Anr.

...Respondents

AND INTERIM APPLICATION NO. 2526 OF 2021 IN COMPANY PETITION NO. 291 OF 2014 Swapnali Dabholkar ...Applicant In the matter between :

Ashok Commercial Enterprises & Anr.

...Petitioners

Versus

The Official Liquidator of Mantri Realty Ltd. & Anr.

...Respondents

AND INTERIM APPLICATION (L) NO. 7577 OF 2021 IN

2/3 COMPANY PETITION NO. 291 OF 2014 Suhas Mamdapurkar And Anr.

...Applicants In the matter between :

Ashok Commercial Enterprises & Anr.

...Petitioners

Versus

The Official Liquidator of Mantri Realty Ltd. & Anr.

...Respondents

AND INTERIM APPLICATION NO. 2192 OF 2025 IN COMPANY PETITION NO. 291 OF 2014 Sameer Hemant Kale ...Applicant In the matter between :

Ashok Commercial Enterprises & Anr.

...Petitioners

Versus

The Official Liquidator of Mantri Realty Ltd. & Anr.

...Respondents

AND INTERIM APPLICATION(L) NO. 14766 OF 2025 IN COMPANY PETITION NO. 291 OF 2014 Nikhil Hemant Kale ...Applicant In the matter between :

Ashok Commercial Enterprises & Anr.

...Petitioners

Versus

The Official Liquidator of Mantri Realty Ltd. & Anr.

...Respondents

_______ Ms. Anjali Gupta i/b King Stubb & Kasiva for Applicants in all matters. Mr. Rushabh Sheth for Official Liquidator in all matters. Mr. Satyajit Roul, Official Liquidator and Mr. Chetan Shelke, Dy. Official Liquidator, Present in all matters.

_______

CORAM

:

ARIF S. DOCTOR, J.

th NOVEMBER 2025 DATE :

P.C.

3/3 1.

All these Interim Applications have been filed by the flat purchasers, who seek ratification of their agreements for sale under provisions of Section 536(2) of the Companies Act, 1956.

2.

Learned counsel appearing on behalf of the Official Liquidator submits that all these transactions pertain to Mantri Realty, and the stand that has been adopted by the Official Liquidator in all these cases is to ratify those agreements which are bona fide and for valuable consideration, and in respect of which the directors of their family members of the company in liquidation are not involved.

3.

He thus today prays for four weeks' time to verify the documents in each of the Applications. There is no opposition to this request. th January 2026.

4.

Stand over to 9 5.

The additional affidavit and rejoinder to be filed in the Registry. (ARIF S. DOCTOR, J.)