1 18-519-10.sxw IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION srj COMPANY APPLICATION NO.519 OF 2010 IN COMPANY PETITION NO.542 OF 1998 Kotak Mahindra Bank Ltd., .. Applicant V/s. Official Liquidator of Vizar Agrochemicals Ltd., .. Respondents. Mr. Kishore Jain a/w. Mr. Tushar Goradia, for Applicant. Ms. Manorama Mohanty i/b. S.K.Srivastava & Co., for Respondents. Dy. O.L. Present. CORAM :S.J.KATHAWALLA,J. DATE :28th October, 2010 P.C.:- 1 After hearing the learned Advocate for the Applicant and the Official Liquidator, the following order is passed:- (i) The Official Liquidator shall retain an amount of Rs.1,25,000/- from the sale proceeds realized by the DRT at Aurangabad and lying with the Recovery Officer in case No.RP 38/05 at Aurangabad; (ii) The balance amount shall be handed over to the Applicant on an undertaking that the Applicant shall forthwith bring back the said amount with interest as and when called upon to do so by the Court. 2 18-519-10.sxw 2 Company Application is accordingly disposed of. 3 DRT, Aurangabad as well as Official Liquidator to act on an authenticated copy of this order. (S.J.KATHAWALLA,J.)