Official Liquidator of Bhs Housing Private Limited. (in Liquidation) v. Jbf Industries Limited. (Petitioner)
Case brief
What is this about?
Procedural liquidation order: invitation of claims from workers/creditors/investors under Rule 148 of the Companies (Court) Rules, 1959 by newspaper publication (Free Press Journal - English; Navshakti - Marathi) through OL-panel advertising agency; advertisement charges to be deposited by Applicants (Bhavani Shankar Sharma & Ors., shareholders) in IA(L) No. 13806 of 2024 with the Official Liquidator, payable net of taxes; Rs. 29,400/- lower-quotation deposit undertaking; BHS Housing Private Ltd. (In Liquidation), Company Petition No. 807 of 2014; JBG Industries Limited & Ors.; OLR No. 109 of 2024; OLR No. 76 of 2021; IA(L) No. 23287 of 2024; Bombay High Court; Arif S. Doctor, J.; dated 22 August 2025; next hearing 19 September 2025.
What did the court decide?
Official Liquidator's Report No. 109 of 2024 disposed of, allowed in terms of prayer clauses (a) and (b): permission to the Official Liquidator to publish notice inviting claims from workers/creditors/investors in 'Free Press Journal' (English) and 'Navshakti' (Marathi) through its panel advertising agency; direction that the Applicants in Interim Application (L) No. 13806 of 2024 deposit the advertisement charges with the Official Liquidator on demand, payable thereafter to the agency after deduction of applicable taxes out of the deposited fund; Interim Application No. 13806 of 2024 listed for hearing on 19 September 2025.