Official Liquidator of Mantri Realty Limited. (in Prov. Liquidation) v. Anil Bajranglal Agarwal. (Petitioner)
Case brief
What is this about?
Official Liquidator's Report; Bombay High Court OOCJ; OLR No. 123 of 2024 in Company Petition No. 949 of 2014; Mantri Realty Limited in provisional liquidation; Premero Apartment Buyers Welfare Association (Regd.); Companies Act, 1956; Writ Petition No. 28706 of 2024 before Karnataka High Court at Bengaluru; appointment of advocate from panel list of Official Liquidator, Bengaluru; payment of advocate's professional fees out of company-in-liquidation funds; directions allowed by Manish Pitale, J. on 02.01.2025.
What did the court decide?
Directions granted in terms of prayer clauses (a) and (b) of the OLR: (i) the Official Liquidator may appoint an advocate from the panel list of the Official Liquidator, Bengaluru to act, appear and plead before the Karnataka High Court at Bengaluru in Writ Petition No. 28706 of 2024; and (ii) the Official Liquidator may pay that advocate's professional fees as per invoice out of the funds available to the credit of the Company (In Prov. Liqn.).