1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION jmi COMPANY APPLICATION NO.88 OF 2009 IN COMPANY PETITION NO.170 OF 1996. In the matter of M/s. Fluid Air (I) Ltd. (In Liq.). Jayant Mohanlal Raval. ..Petitioner. And Maharashtra State Financial Corporation. ..Applicant. vs. The Official Liquidator of M/s. Fluid Air (India) Ltd. ..Respondent. .... Ms. Bhavna Shah, for Petitioner. Official Liquidator, present. .... CORAM : S.J.KATHAWALLA, J. DATE : 8TH OCTOBER 2009. P.C. The Official Liquidator has received valuation report from M/s. MSFC, whereunder the property is valued at Rs. 2,72,00,000/-. The reserved price is therefore fixed at Rs. 3,00,00,000/- and EMD @ 25 % of the reserved price. 2. Report of the Official Liquidator is made absolute in 2 terms of prayer clauses (b) and (c). 3. Company application is accordingly disposed of. Liberty to the applicant to move the Court if need arises. [ S.J.KATHAWALLA, J. ]