1 25.ca.136.2010.sxw IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION skt COMPANY PETITION NO. 136 OF 2010 IN COMPANY PETITION NO. 41 OF 1986 Godfery Philips India Ltd. .. Petitioner (Original) IFCI Ltd. ..Applicant. vs. The Official Liquidator of M/s. Machinery Manufacturers Corpn. Ltd. (In Liqn.) ..Respondent. (Original) .... Mr.Binu N. Jacob i/by O.A.Das, Advocate for the Applicant. The Official Liquidator present. .... CORAM : S.J. KATHAWALLA, J. DATE : 31st MARCH 2010. P. C. 1 By this application, the Applicant-IFCI, one of the secured creditor of the respondent-Company has prayed that the learned Official Liquidator be directed to pay the adjudicated claim amount to the Applicant. The Official Liquidator informs this Court that he holds an amount of Rs.1 crore in the account of 2 25.ca.136.2010.sxw the respondent-Company and there are several other secured creditors whose claims have also been adjudicated and awaiting payment. The Official Liquidator shall call for a meeting of all the secured creditors within a period of four weeks from today and decide how the amount lying with the Liquidator can be distributed between the secured creditors including the Applicant. 2 The Company Application is accordingly disposed of. [ S.J.KATHAWALLA, J. ]