OLR No. 144 of 2026 · Bombay High Court
Case at a glance
Provisions considered
Key paragraphs
- Para 33. Having heard learned counsel and having perused the Official Liquidator Reports, I find merit in the submissions made, the Official Liquidator has set out that the Companies do not have any funds or assets and/or recoverable debts therefore, the continuation of the liquidation process…
Judgment
Ms. Ankeeta Appanna, (through V.C.), for the Petitioner in OLR/144/2026. Mr. Anirudh Hariani, for the Official Liquidator. Mr. Satyajit Roul, Official Liquidator, present. Mr. J. P. Gautam a/w Mr. Anil Bhagure, Dy. Official Liquidator, present. _______ CORAM : ARIF S. DOCTOR, J. DATE : 10th APRIL, 2026 P.C.
The captioned Official Liquidator’s Reports seek dissolution of the companies in question, particulars of which are as follows: Vaibhav 8 TO 12-OLR-144-2026 (OS).DOC Sr. Nos. OLR No. Date of winding Funds available Claims up / provisional liquidator appointment
OLR Company Preliminary expenses of Claims invited; No.144 ordered to be Rs.5000/- deposited by claims received. of 2026 would up on the Petitioner, which are However, one suo motu (Hargo 22 March to be returned claim received from Pharma 2018 [Para Petitioner; failing which, Petitioner. [Para 9 @ 5] Pvt. Ltd.) 1@1] the same be transferred "Company Liquidation Account" under Section 555 of the Companies Act, 1956. [Para 12 @ 7]
OLR Company NIL. [Para 13 @ 8] Claims invited; No.145 ordered to be of 2026 wound up on (Trans 29 October Harbour
2010. [Para 1 Link Pvt. @ 2] Ltd.) claims received. [Para 7 @ 5]
OLR Company NIL. [Para 11 @ 5] Claims invited; No.146 ordered to be of 2026 wound up on 7 (Gresoil February 2008. (India) [Para 1 @ 1] Pvt. Ltd.) claims received. [Paras 15 and 16 @ 7 & 8]
OLR Company NIL. [Para 7 @ 4] Claims invited; No.148 ordered to be of 2026 wound up on (Vintage 31 August Pharma
2007. [Para 1 claims received. However, one suo motu claim received. [Paras 8-10 @ 4] Vaibhav 8 TO 12-OLR-144-2026 (OS).DOC ceuticals @ 1] Ltd.)
OLR Company NIL. [Para 13 @ 8] Claims invited; No.149 ordered to be of 2026 wound up on (Vividh 18 March Hospital
2015. [Para 1 ity Pvt. @ 1] Ltd.) claims received. [Paras 15 and 16 @ 7 & 8]
Mr. Hariani, learned counsel for the Official Liquidator submits that the reason for dissolution is that the Companies do not have any funds or assets and/or recoverable debts. He further points out that though claims had been invited, no claims have been received and thus it would be of no use to continue with liquidation process.
Having heard learned counsel and having perused the Official Liquidator Reports, I find merit in the submissions made, the Official Liquidator has set out that the Companies do not have any funds or assets and/or recoverable debts therefore, the continuation of the liquidation process would be an exercise in futility and would endeavor to the benefits of none. Hence the Official Liquidator Reports are allowed.
All the captioned Official Liquidator's Reports are accordingly disposed of. [ARIF S. DOCTOR, J.] Vaibhav
Questions this judgment answers
Which statutory provisions did this judgment involve?
Companies Act, 2013.
Which court decided this case, and when?
Bombay High Court, on 10 Apr 2026. The bench was ARIF S DOCTOR.
Precedent status how later indexed judgments have treated this case
No known negative treatment found in the Courts & Cases corpus.
This is a result about the indexed corpus, not a finding that the judgment remains good law. Coverage may be incomplete.