The Official Liquidator's Report prayer was allowed after the respondent deposited the demanded sum with the official liquidator, permitting its transfer to the security agency.
The Official Liquidator's Report regarding transfer of deposited funds to the security agency is allowed.
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.
15_OLR25_24.doc
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
OFFICIAL LIQUIDATOR’S REPORT NO.25 OF 2024 IN
COMPANY PETITION NO.468 OF 2013
In the matter of Companies Act, 1 of 1956
and
In the matter of Kumar Motors Pvt. Ltd. (In Liquidation)
Innoventive Industries Limited … Petitioner
Mr. Harsh Moorjani for Official Liquidator.
Mr. Anil Bhagure, Assistant Official Liquidator.
Mr. Neel Kothari a/w. Mr. Siddharth Shankar i/b. Mr. Rahul Agarwal for Respondent - Metamorphosis Trading LLP.
CORAM : MANISH PITALE, J. DATE : MARCH 26, 2024
P.C. :
. This Court is informed that Metamorphosis Trading LLP has complied with the undertaking given to this Court and demand draft dated 20.03.2024 for an amount of Rs.22,42,532/- is deposited with the office of the official liquidator.
MINAL Digitally signedby MINALSANDIP PARAB SANDIPPARAB Date:2024.03.2718:09:51+0530
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15_OLR25_24.doc
Metamorphosis Trading LLP has undertaken to continue to bear the amounts due and payable to the security agency.
(MANISH PITALE, J.)
Minal Parab
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Innoventive Industries Limited
Metamorphosis Trading LLP
MANISH PITALE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
