Official Liquidator of Etisalat Db Telecom Pvt. Ltd. . (in Liquidation) v. Etisalat Mauritius Limited
Case brief
What is this about?
Bombay High Court, Ordinary Original Civil Jurisdiction, allows Official Liquidator's Report No. 70 of 2024 arising in Company Petition No. 114 of 2012 concerning M/s. Etisalat DB Telecom Pvt. Ltd. (In Liquidation). Permits payment to Mr. J.S. Solomon of Solomon & Co. at the fee scale fixed in paragraph 6 of OLR No. 189 of 2015, and authorises payment of outstanding professional fees of Rs. 1,65,58,750/- (Rupees One Crore Sixty Five Lakhs Fifty Eight Thousand Seven Hundred Fifty Only) for 21 February 2015 to 28 February 2024, by cheque after deducting TDS from the Company's liquidation funds.
What did the court decide?
Directions granted allowing the Official Liquidator to pay Mr. J.S. Solomon of Solomon & Co. the outstanding professional fees of Rs. 1,65,58,750/- for the period from 21 February 2015 to 28 February 2024, at the scale of fees fixed in paragraph 6 of OLR No. 189 of 2015, by issuing a cheque after deducting TDS from the funds lying to the credit of the Company (In Liqn.).