Reliance Asset Reconstructin Company Limited v. Hansa Chandrakant Majithia and 3 Ors.
Case brief
What is this about?
Interim Application No. 2403 of 2025 in Company Petition No. 538 of 2013, High Court of Judicature at Bombay (Ordinary Original Civil Jurisdiction, Commercial Division), order dated 3rd October 2025 by Arif S. Doctor, J. Applicant: Reliance Asset Reconstructin [sic] Company Limited (counsel: Nikhil Rajani i/b M/s. V. Deshpande & Co.). Petitioner: Hansa Chandrakant Majithia. Defendants: The Official Liquidator of Avon Corporation Limited & Ors. (counsel: Ranjeev Carvalho; Satyajit Roul for OL). Keywords: official liquidator; adjudication of claims; bifurcated claim; winding-up/liquidation; listing of Interim Application No. 5730 of 2025; adjourned to 17th October 2025. Purely procedural order; no statutory provisions or case-law cited; no quantum involved.
What did the court decide?
No final relief; procedural directions issued: (i) the Society to submit a properly bifurcated claim enabling adjudication by the Office of the Official Liquidator; (ii) Interim Application No. 5730 of 2025 to be listed along with the present Interim Application on the next date; (iii) matter stood over to 17th October 2025.