Official Liquidator of Mantri Realty Limited. (in Provisional Liquidation) v. Maharashtra Savings (Petitioner)
Companies Act, 1 of 1956 – Mantri Realty Limited (In Provisional Liquidation)
Case brief
What is this about?
Official Liquidator Report No. 31 of 2025, High Court of Judicature at Bombay, Ordinary Original Civil Jurisdiction, Arif S. Doctor, J.; Mantri Realty Limited (In Provisional Liquidation); ratification of appointment of Advocate Kunal Sharma to appear before the Supreme Court of India on behalf of the Official Liquidator; payment of professional fees from company funds subject to TDS deduction; Companies Act, 1 of 1956; report allowed and disposed of.
What did the court decide?
The Official Liquidator's Report is allowed in terms of prayer clauses (a) and (b) and is disposed of: the appointment of Advocate Kunal Sharma for Supreme Court work is ratified, and payment of his professional fees from the Company's funds (subject to TDS) is permitted. ¶19