1 IN IN IN THE HIGH COURT OF JUDICATURE OF BOMBAY THE HIGH COURT OF JUDICATURE OF BOMBAY THE HIGH COURT OF JUDICATURE OF BOMBAY ORDINARY ORDINARY ORDINARY ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.1399 OF 2008 IN COMPANY PETITION NO.385 OF 2002 BIFR. ..Petitioner V/s. The Official Liquidator of M/s.The Svadeshi Mills Co. Ltd. ..Respondent. And Mohan Kashiram Jadhav & Ors. ..Applicants. Ms.Bhavna Mhatre for petitioner. Mr.S.Ramakanta, Dy. O.L. CORAM: CORAM: CORAM: A.M.KHANWILKAR,J A.M.KHANWILKAR,J A.M.KHANWILKAR,J DATE DATE DATE : OCTOBER 23, 2008. : OCTOBER 23, 2008. : OCTOBER 23, 2008. P.C. P.C. P.C. : : : 1. This Application is filed by workmen amongst other for direction against Official Liquidator to prepare inventory of all the immovable and movable assets of the company in liquidation and to take possession thereof. 2. Representative of the Official Liquidator submits that after the order of winding up is passed and Official Liquidator is appointed, necessary steps are being taken to take that order to its logical ends. The Official Liquidator has already taken possession of four flats out of the flats referred to 2 in Exh. "A". Insofar as other properties are concerned, the Secured Creditors have put up their claim in that behalf and the share of company in the property is being examined. 3. Suffice it to observe that it is not necessary to issue any direction in view of the fact that the Official Liquidator is pursuing the matter in the right earnest. Assurance is given by the representative of the Official Liquidator that further steps, as may be required, including sale of concerned asset will be taken by the Official Liquidator in right earnest. In any case, the Official Liquidator to submit report to the Company Judge about the action taken on or before 27th November, 2008. 4. Application disposed of accordingly. (A.M.KHANWILKAR,J) (A.M.KHANWILKAR,J) (A.M.KHANWILKAR,J)