The High Court directed the Official Liquidator to pay Union Bank of India expenses incurred for secured assets and file a claim, disposing of the company application.
Direction to Official Liquidator to pay expenses and process claim within two weeks and file claim before liquidator.
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.
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
COMPANY APPLICATION NO.146 OF 2015 IN
COMPANY PETITION NO.109 OF 2011
| Union Bank of India and |
… | Applicant |
|---|---|---|
| IDBI Bank Ltd. | … | Petitioner |
| versus | ||
| M/s. Sleepings Apparels Pvt. Ltd, through | ||
| Official Liquidator | … | Respondent |
i/by Ms. N.I.Bakali, for Applicant. Ms. Pratibha, Asstt. Official Liquidator, present.
CORAM: S.J. KATHAWALLA, J.
DATE: 8th APRIL, 2015
P.C .
file their Application seeking directions against the Official Liquidator to pay
the balance net sale proceeds of the properties to the Applicant after the
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Official Liquidator invites claims and adjudicates the same.
( S.J.KATHAWALLA, J. )
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Union Bank of India
IDBI Bank Ltd.
M/s. Sleepings Apparels Pvt. Ltd
S.J. KATHAWALLA
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
