The High Court directed the Official Liquidator to disburse Rs. 1,87,00,000 to Dena Bank subject to the bank's undertaking to repay the amount with interest upon direction.
Direction to the Official Liquidator to disburse Rs. 1,87,00,000/- to Dena Bank.
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CA 348 of 2012
IN THE HIGH COURT OF JUDICTURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.348 OF 2012
IN
COMPANY PETITION NO.394 OF 2003
| Dena Bank And |
.....Applicant |
|---|---|
| M/s.Gargi Industries | .....Petitioner |
| Versus | |
| The Official Liquidator of M/s.MVR | |
| Foundries Ltd. | …..Respondent |
Mr.Jaydeep Mitra i/by Ms.Sabeena Mahadik, for Applicant. Ms.Rupa Sutar, Asstt. Official Liquidator, present.
CORAM: S.J.KATHAWALLA, J. DATE: 06th SEPTEMBER 2012
P.C. :
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CA 348 of 2012
interest as and when the Court directs it to do so.
( S.J.KATHAWALLA, J. )
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1 issue framed by the court
Whether the Official Liquidator was directed to disburse funds to satisfy the Applicant's dues subject to the undertaking to repay with interest.
Dena Bank
M/s.Gargi Industries
The Official Liquidator of M/s.MVR Foundries Ltd.
S.J.KATHAWALLA
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
