Official Liquidator Of Nisiddh Venture ... vs M/S Lalit And Surendra (Petitioner)
Judges (1)
Counsel (1)
Case Significance
Official Liquidator Of Nisiddh Venture ... vs M/S Lalit And Surendra (Petitio... is a Bombay High Court decision dated March 6, 2026 (citation: ik-18671323). The Official Liquidator filed reports seeking dissolution of ten companies in liquidation, including Amcane (India) Ltd., Mata Mohtadevi Milk Products, and others, on the ground that they had no funds, assets, or recoverable debts. The Court accepted the Official Liquidator's reports that continuation of liquidation would be an exercise in futility benefiting no one, as most companies had no Statement of Affairs filed and no claims received. All ten Official Liquidator Reports were allowed, o The case was heard by Justice Arif S. Doctor. Counsel appearing: Sheth (counsel for petitioner).
Summary
The Official Liquidator filed reports seeking dissolution of ten companies in liquidation, including Amcane (India) Ltd., Mata Mohtadevi Milk Products, and others, on the ground that they had no funds, assets, or recoverable debts. The Court accepted the Official Liquidator's reports that continuation of liquidation would be an exercise in futility benefiting no one, as most companies had no Statement of Affairs filed and no claims received. All ten Official Liquidator Reports were allowed, ordering dissolution of the companies.
What was the outcome of Official Liquidator Of Nisiddh Venture ... vs M/S Lalit And Surendra (Petitio...?
The Official Liquidator filed reports seeking dissolution of ten companies in liquidation, including Amcane (India) Ltd., Mata Mohtadevi Milk Products, and others, on the ground that they had no funds...
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (ik-18671323)