1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY O. O. C. J. Company Application (L) No.1385 of 2008 IN Company Petition No.649 of 2006 M/s.Lalit Polymers & Electronics Ltd. .. Applicant (Orig. Respondent) V/s. The Official Liquidator, High Court, Bombay & ors. .. .. Respondents Mr.Harihar Bhave i/by Bhave & Co. for Applicant. Mr.S. Ramakantha, Dy. Official Liquidator, present. ---- CORAM : SMT.ROSHAN DALVI, J. Dated : 2 nd January 2009 P.C. : 1. The Applicant- Company made a Reference to Board for Industrial and Financial Reconstruction (BIFR). That order was challenged by the Applicant- Company in Appellate Authority for Industrial and Financial Reconstruction (AAIFR). Interim as well as final orders have been passed by AAIFR. 3 secured creditors being 2 Banks and SICOM have been paid off. The Applicant- Company has obtained their No Dues Certificate. The interim order of AAIFR lists as many as 10 other unsecured creditors. These are not shown to have been paid off. The further order of AAIFR shows certain payments made to 5 creditors. The said order states that the 2 dues of Customs Authorities, warehousing charges, sales- tax dues and other creditors of more than Rs.10 Lakhs remain. These have not been shown to be paid off. 2. The Applicant- Company has been wound up under an order of this Court dated 21.3.2007. The Official Liquidator has to proceed in winding up. In view of the aforesaid proceedings, the Applicant is imputed knowledge of the winding up order despite its claim that the Applicant's Advocate did not appear and did not inform the Applicant. 3. About 2 years after the winding up order is passed, an Application made to the Vacation Court for stay of any of proceedings of the Official Liquidator lacks bonafides. Ad- interim relief refused. (SMT.ROSHAN DALVI, J.)