In three appeals arising from liquidation proceedings, the court directed the Official Liquidator to process claims lodged by 500 to 600 employees immediately and disburse funds according to their entitlement.
Directed the Official Liquidator to process employee claims forthwith and disburse money as per entitlement.
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: 1 :
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
APPEAL NO.521 OF 2004
IN
COMPANY PETITION NO.315 OF 2004
IN
COMPANY APPLICATION NO.4 OF 2004
IN
COMPANY PETITION NO.26 OF 1995
IN
COMPANY APPLICATION NO.339 OF 1994
CONNECTED WITH
COMPANY PETITION NO.642 OF 1983
Shreeniwas Girni Kamgar Kirti Samiti ....Appellant
V/s.
Rangnath B. Somani & Ors. ....Respondents
WITH
APPEAL NO.527 OF 2004
IN
COMPANY PETITION NO.315 OF 2004
IN
COMPANY APPLICATION NO.4 OF 2004
IN
COMPANY PETITION NO.26 OF 1995
IN
COMPANY APPLICATION NO.339 OF 1994
CONNECTED WITH
COMPANY PETITION NO.642 OF 1983
Lodha Builders Pvt.Ltd. ....Appellant
V/s.
Official Liquidator,
High Court, Bombay & Ors. ....Respondents
WITH
: 2 :
APPEAL NO.534 OF 2004
IN
COMPANY PETITION NO.315 OF 2004
CONNECTED WITH
COMPANY APPLICATION NO.4 OF 2004
IN
COMPANY PETITION NO.26 OF 1995
AND
COMPANY APPLICATION NO.339 OF 1994
CONNECTED WITH
COMPANY PETITION NO.642 OF 1983
CONNECTED WITH
COMPANY APPLICATION (LD.) NO.500 OF 2004
Rangnath B.Somani & Ors. ....Appellants
V/s.
Official Liquidator & Ors. ....Respondents
Mr.Anirudh Joshi i/b Mr.S.M. Dharap for the Appellant
in Appeal No.521 of 2004.
Mr.Yash Kapadia i/b B.B. Parekh for the Appellant in
Appeal No.527 of 2004.
Mr.Ravi Kadam with Mr.C.A. Jani i/b Gagrat & Co. for
the Appellant in Appeal No.534 of 2004.
Mr.K.F. Merchant i/b Mr.M.Shah for Punjab & Sindh
Bank (In all appeals)
Ms.H. Tavadia with Mr.Mahesh Thorat for R.M.S. (In
all appeals)
Mr.B.R. Zaveri for Intervenor.
Mrs.K.V. Gautam - Deputy Official Liquidator.
CORAM : A.P. SHAH AND
S.J. VAZIFDAR, JJ.
DATED : 5TH APRIL, 2005.
P.C. :
: 3 :
. In our order dated 21.3.2005 in the title of
Appeal No.527 of 2004, the words "with Mr.Rohit
Kapadia" be substituted by "with Mr.Y.R. Kapadia" and
in Appeal No.527 of 2004, the appearance of "Mr.Ravi
Kadam along with Mr.C.A. Jani i/b Gagrat & Co." be
shown for the Appellants and in all three Appeals, the
appearance of Mr.K.F. Merchant be shown as i/b Minesh
K. Shah for Punjab and Sindh Bank and not i/b Little
& Co.
2. We are informed that nearly 500 to 600
employees had already lodged their claim before the
Official Liquidator. The Official Liquidator is
directed to process their claims forthwith and
disburse the money as per their entitlement.
Shreeniwas Girni Kamgar Kirti Samiti
Rangnath B. Somani
Lodha Builders Pvt.Ltd.
Official Liquidator
A.P. Shah
S.J. Vazifdar
As recorded by the court registry
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