1 jpc/- IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.346 OF 2010 IN COMPANY PETITION NO. 170 OF 1996 Jayant Mohanlal Raval .. Petitioner And Maharashtra State Financial Corporation(MSFC).. Applicant Versus The Official Liquidator .. Respondent Ms. Bhavna Shah for the Applicant Dy. O. L. present CORAM : S. J. KATHAWALLA, J. DATE : 17th September, 2010 P.C.: 1. By this Company Application the Applicant MSFC, a secured creditor of the Company in liquidation prays that the Official Liquidator be directed to release and pay to the Applicant an amount of Rs.22 lacs being their proportionate share in the sale proceeds of the movables of the Company in liquidation. 2. Heard learned Advocate for the Applicant and the official liquidator. Perused affidavit in support of the Company Application. 3. The official liquidator states that he shall pay an amount of Rs.20 lacs 2 to the Applicant within a period of one week from today subject to the Applicant giving an undertaking that the Applicant shall bring back the said amount as and when called upon to do so by this Court. The statement is accepted. 4. The Company application is accordingly disposed of. (S. J. KATHAWALLA, J.)