Official Liquidator Of Life Line Industries Limited. (In Liquidation) v. Kotak Mahindra Prime Limited. (Petitioner)

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INTERIM APPLICATION NO. 2461 OF 2025 IN COMPANY PETITION NO. 103 OF 2011 Bandu M. Pagade ... Applicant

Versus

Kotak Mahindra Prime Limited and Ors.

... Respondents WITH OFFICIAL LIQUIDATOR REPORT NO. 28 OF 2026 _______ Adv. K.P. Anilkumar i/by Priyanka K. for the Applicant. Mr. V.S. Sawant for Federal Bank Ltd.

Adv. Aarti N. for UBI (through VC).

Mr. R. Sheth for the Official Liquidator.

Mr. J.P. Gautam, Dy. Official Liquidator, present. _______

CORAM

:

ARIF S. DOCTOR, J.

th FEBRUARY, 2026 DATE :

P.C.

1.

The learned Counsel seeks leave to withdraw this Official Liquidator Report with liberty to file the same afresh. If any concedes, the amount would have to be reinstated.

2.

This Official Liquidator Report is dismissed as withdrawn on the undertaking that fresh Official Liquidator Report would be filed within a period of two weeks from today.

3.

Since the amounts are admittedly receivable from the Secured Creditor, MPBalekar

2/2 58-IA-2461-25 IN CP WITH OLR.DOC the Secured Creditor shall interregnum make the relevant deposit with the office of the Official Liquidator to enable disbursal to the workers. [ARIF S. DOCTOR, J.] MPBalekar