OFFICIAL LIQUIDATOR vs MILESHTONE INTERACTIVE PVT. LTD CIN NO. U72200MH1997PTC109692

6-IA-L-23350-2025 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INTERIM APPLICATION (L) NO. 23350 OF 2025 IN OFFICIAL LIQUIDATOR’S REPORT NO. 53 OF 2019 IN COMPANY PETITION NO. 525 OF 2015 AND OFFICIAL LIQUIDATOR’S REPORT NO. 53 OF 2019 IN COMPANY PETITION NO. 525 OF 2015 M.M. Styles Private Limited … Applicant In the matter between: Rajkumar Mohansing Bajaj …Petitioner Versus Milestone Interactive Pvt. Ltd. …Respondent _______ Mr. Mustafa Kachwala a/w. Ms. Sakshi Sri i/b. K. Law, for the Applicant. Mr. Shadab Khan, for Pharma Access Pvt. Ltd, Mr. Mohit Sahani i/b. King Stubb & Karia, for Standard Chartered Bank. Mr. Sushanth Murthy, for the ex-Directors of the Respondent Company i.e. Milestone Interactive Pvt. Ltd. Mr. Anirudh Hariani, for the Official Liquidator. Mr. Satyajit Roul, Official Liquidator, present. Mr. Anil Bhagure, Dy. Official Liquidator, present. _______ CORAM : ARIF S. DOCTOR, J. RESERVED ON : 30th APRIL 2026 PRONOUNCED ON : 4th MAY 2026 P.C. Vaibhav 6-IA-L-23350-2025 1. Since the captioned Interim Application and the Official Liquidator’s Report (“OLR”) are intrinsically linked and the issues which arise for determination in both