Axis Trustees Services Ltd. v. Official Liquidator of the High Court Bombay
Case brief
What is this about?
Bombay High Court, OOCJ; Arif S. Doctor, J.; decided 20-02-2026. IA No. 8126/2025 in Company Application No. 425/2018, with OL Report No. 77/2025 in Company Petition No. 488/2015 - Elder Pharmaceuticals Ltd. (in liquidation). Prayers (a) (production by Novelty Power & Infratec Ltd. of ownership documents for 4th Floor, Elder House, Andheri) and (c) (panel valuer and valuation fees from Company-in-liquidation funds) held infructuous - articles/belongings no longer used at premises. On prayer (b) (handover of physical possession of the 4th Floor to the Official Liquidator), no bills/proof furnished; Applicants to file affidavit of charges, costs and expenses within two weeks; OL to consider within two weeks. Application disposed of as nothing survived; liberty reserved to contest rejection of claim; rejoinder time in OL Report No. 77/2025 extended by two weeks. Statute referenced: Companies Act, I of 1956 (no section cited). No cases cited; no amounts awarded.