Corrections were made to an earlier order regarding possession of a company-in-liquidation property; one Official Liquidator Report was disposed of, and several interim applications were dismissed as withdrawn with liberty to file afresh or adopt proper proceedings.
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.
1/3 49-IA574-2020 WITH OLR AND IA.DOC
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
INTERIM APPLICATION NO. 574 OF 2020
IN
OFFICIAL LIQUIDATOR REPORT NO. 229 OF 2016
Deepak G Ambardekar and Anr.
...Applicants
Versus
Official Liquidator of VIR Rubber Products Pvt. Ltd.
and Ors.
...Defendants
WITH
INTERIM APPLICATION (L) NO. 35104 OF 2022
IN
INTERIM APPLICATION NO. 574 OF 2020
WITH
INTERIM APPLICATION (L) NO. 7182 OF 2023
WITH
INTERIM APPLICATION (L) NO. 12591 OF 2025
IN
OFFICIAL LIQUIDATOR REPORT NO. 92 OF 2023
Mr. Rahul Oak, for the Applicants.
Mr. Harsh Moorjani, for the Official Liquidator. Mr. Satyajit Roul, Official Liquidator, present.
Mr. Chetan Shelke, Dy. Official Liquidator, present.
CORAM : ARIF S. DOCTOR, J. DATE : 27th FEBRUARY, 2026
P.C.
MPBalekar
2/3 49-IA574-2020 WITH OLR AND IA.DOC
"11. In the aforesaid circumstances, the Interim Application deserves to be allowed, and therefore, Bank of India would be at liberty to take possession of the subject property from SRI Impex. Since the official liquidator is not in physical possession of the said property. "
OFFICIAL LIQUIDATOR REPORT NO. 229 OF 2016
MPBalekar
3/3 49-IA574-2020 WITH OLR AND IA.DOC
submit a copy of the adjudication.
INTERIM APPLICATION (L) NO. 12591 OF 2025
INTERIM APPLICATION (L) NO. 35104 OF 2022
WITH
INTERIM APPLICATION NO. 574 OF 2020
liberty to adopt proper proceedings. The Interim Applications are accordingly dismissed as withdrawn with the aforesaid liberty.
MPBalekar
1 provisions across 1 enactments
Deepak G Ambardekar
Official Liquidator of VIR Rubber Products Pvt. Ltd.
Bank of India
Arif S. Doctor
As recorded by the court registry
10 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
