Single Judge allowed Official Liquidator's application for permission to make payments to Admire Publicity Pvt. Ltd. from deposited funds subject to tax deduction.
Permission made absolute to pay Admire Publicity Publicity Pvt. Ltd. from deposited funds after tax deduction.
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.
(5)OLR-103-2023.doc
rajshree
Digitally signed by RAJSHREE RAJSHREE KISHOR KISHOR MORE MORE Date: 2023.08.18 17:06:13 +0530
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION OFFICIAL LIQUIDATOR’S REPORT NO.103 OF 2023
IN
COMPANY PETITION NO.26 OF 2016
In the matter of Companies Act, I of 1956;
And
In the matter of
Niket Exim Pvt.Ltd. (In Liquidation)
M/s.Lalit & Surendra
.. Petitioner
Ms.Apurva Thipsay, for the Official Liquidator. Mr.Chandan Kumar, Official Liquidator present.
CORAM : BHARATI DANGRE, J
DATE : 17th August, 2023.
P.C.
1] By order dated 05.03.2020 the Official Liquidator was permitted to invite claims by publishing an advertisement and by the present Official Liquidator’s report permission is sought to make payments to Admire Publicity Publicity Pvt. Ltd., out of the funds deposited by the Applicant, subject to the deduction of applicable taxes.
2] Since the specific steps were taken pursuant to the order passed by the Court, OLR is made absolute in terms of prayer clause (a).
[BHARATI DANGRE, J]
1/1
1 issue framed by the court
Whether permission is required to make payments to Admire Publicity Pvt. Ltd. out of deposited funds.
1 provisions across 1 enactments
Niket Exim Pvt. Ltd.
M/s. Lalit & Surendra
BHARATI DANGRE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
