IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.114 OF 2010 IN COMPANY PETITION NO.253 OF 2009 Valia Impex Pvt. Ltd. ....Applicant V/s. The Official Liquidator of Maniyar Plast Ltd. (In liquidation) ....Respondent And IFCI ....Opponent Mr.Santosh Shetty for the Applicant. Ms.Jaymala Raut i/b Juris Consultus for the Opponent. Mr.Manish Upadhye i/b Madhavi Deshpande – Ravuri for the Respondent. CORAM : S.J. VAZIFDAR, J. DATE : 8TH JUNE, 2010. P.C. :- 1. The opponent has taken steps under the Securitization Act. In the circumstances, the Applicant is at liberty to adopt appropriate proceedings including through the Official Liquidator before the Debt Recovery Tribunal under the provisions of the said Act.