MAHAVIR CIVIL ENGINEERING AND SERVICES PVT. LTD. vs THE JALGAON PEOPLES CO-OPERATIVE BANK LTD. AND ORS

Judgment text excerpt

IA-2323-2021 - OLR-90-2020.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INTERIM APPLICATION NO. 2323 OF 2021 IN COMPANY PETITION NO. 708 OF 2016 Mahavir Civil Engineering And Services Pvt. Ltd. ...Applicant V/S. The Jalgaon Peoples Co-Operative Bank Ltd & Ors. ...Respondents WITH OFFICIAL LIQUIDATOR’S REPORT NO. 90 OF 2020 IN COMPANY PETITION NO. 708 OF 2016 Mr.Rashmin Khandekar a/w. Mr.Pranav Nair, Mr.Amit Tungare and Ms.Fleur D’Souza i/by Asahi Legal, Advocate for the Applicant. Mr.Rohaan Cama a/w. Ms.Kajol Punjabi and Mr.Kunal Chheda, Advocate for the Respondent no.4. Mr.Muttahar Khan for the Official Liquidator. Mr. Chetan Shelke, Deputy Official Liquidator present. CORAM : ABHAY AHUJA, J. RESERVED ON : 12th NOVEMBER 2025 PRONOUNCED ON : 6th FEBRUARY 2026 ORDER : 1. By an administrative order of the Hon’ble The Chief Justice dated 25th March 2025, Interim Application No.2323 of 2021 in Company Petition No.708 of 2016 alongwith Interim Application (Lodging) No.38361 of 2024 in Interim Application No.2323 of 2021 with Official Liquidator’s Report No.90 of 2020 in Company Petition No.708 of 2016 was assigned to this Bench. avk/Nikita Gadgil-RA-LA 1/66 IA-2323-2021 - OLR-90-2020.doc 2. On 2nd April 2025, this Court recorded the special assignment to this Court as above and listed the Interim Application (Lodging) No.38361 of 2024 seeking modification of the order dated 14 th November 2024 for hearing on 30 th April 2025 at the insistence of the learned Counsel appearing for the Respondent no.4. By the said order, the office objections to the said Interim Application were directed to be removed and registered number directed to be obtained by the next date. 3. Earlier on 14th November 2024 the following order was passed : “1. This In