Official Liquidator of Various Companies (in Liquidation) v. Na
Case brief
What is this about?
Official Liquidator Report No.36 of 2026; Bombay High Court; Arif S. Doctor, J.; order dated 19.01.2026; 24 companies in liquidation (incl. Siddhant Engineering, Tirupathi Filaments, Everest Photo Offset, Killick Halco, Maharashtra Shetkari Sugar); Companies Act 1956 winding up; Rule 148 Companies (Court) Rules 1959; invitation of claims from creditors and workers by newspaper publication; Free Press Journal (English) and Navshakti (Marathi); Panel Advertising Agency fees; Panel Chartered Accountant adjudication of claims; list of admitted claims; fees from Common Pool Fund Account - Company Paid Staff Salary Reserve Fund Account; prior approval by order dated 26.04.2023 on OLR No.51 of 2023; report allowed and disposed of in terms of prayer clauses (a) and (b).
What did the court decide?
Report allowed and disposed of in terms of prayer clauses (a) and (b): (a) permission to invite claims from creditors/workers under Rule 148 of the Companies (Court) Rules, 1959 by publication in 'Free Press Journal' (English) and 'Navshakti' (Marathi) through the Panel Advertising Agency, and (b) permission to appoint the Panel Chartered Accountant for adjudication of the claims of workers/creditors and file the list of admitted claims with the Court; professional fees of the Panel Advertising Agency and Panel Chartered Accountants payable from the 'Common Pool Fund Account - Company Paid Staff Salary Reserve Fund Account', subject to deduction of applicable taxes.