IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.381 OF 2004 IN COMPANY PETITION NO.258 OF 2002 In the matter of Companies Act, 1956 M/s.Indusind Bank Ltd. .. Applicant Vs. M/s.Hitechi Jewellery Industries Ltd. .. Respondent Ms.V.D.Jaisingh for the applicant Mr.N.C.Soni Director of Respondent no.2 company present in person Mr.G.B.Kedia for the petitioner Ms.K.V.Gautam Dy.Official Liquidator present CORAM : S.U.KAMDAR, J CORAM : S.U.KAMDAR, J CORAM : S.U.KAMDAR, J DATED : 17th MARCH 2005 DATED : 17th MARCH 2005 DATED : 17th MARCH 2005 P.C.: . In view of my Judgment in the matter of Divya Chemicals Ltd. (in Prov.Liqn.) in Company Petition NO.215 of 1997 decided on 14th January 2005 relying upon the Judgment of the Apex Court in the Case of Allahabad Bank Vs. Canara Bank reported in AIR 2000 SC 1535 the present application no.381 of 2004 is required to be allowed. Liquidator is directed to transfer the properties to the concerned Recovery Officer of DRT for further action. Application is disposed of. No order as to costs.