Court accepted the Official Liquidator's undertaking to hand over Rs.11,32,000/ plus interest by July 9, 2008, and disposed of the company application.
Payment of Rs.11,32,000/ along with interest at 6% p.a. from July 1996 to 9th July 2008.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
Company Application No.338 of 2008
in
Company Application No. 432 of 1998
in
Company Petition No. 41 of 1986
Godfrey Philip India Ltd. ..Petitioners
vs.
The Official Liquidator, High
Court ..Respondents
and
M/s Diamond Metal Corporation ..Applicants
Mr.Jaideep Mitra i/b M/s Halai and Co. for applicant.
Mr.Ramarao O.LO. present.
Mr.C.J.Joy i/b S.K.Mohapatra for R.D.
CORAM: S.C.DHARMADHIKARIJ.
3rd July 2008
P.C.
1. Official Liquidator states that by Wednesday the 9th
July, 2008 the Liquidator will hand over a sum of
Rs.11,32,000/- along with interest at 6% p.a. from the
date of sale/July, 1996 and a pay order in that behalf
will be handed over on that day. In the light of this
statement by Official Liquidator and after satisfying
myself that interest of justice would be subserved, the
statement of official liquidator is accepted. Official
Liquidator’s statement is accepted as undertaking to this
Court. Company application is disposed of.
(S.C.DHARMADHIKARI J.)
Godfrey Philip India Ltd.
The Official Liquidator, High Court
M/s Diamond Metal Corporation
S.C. DHARMADHIKARI
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court