1 IN THE HIGH COURT OF JUDICATURE OF BOMBAY IN THE HIGH COURT OF JUDICATURE OF BOMBAY IN THE HIGH COURT OF JUDICATURE OF BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.393 OF 2008 IN COMPANY PETITION NO.1176 OF 2001 Indiadn Link Chain Manufacturers Ltd. ..Petitioner. And Mr.Sanjay Babu Bhanushali & Ors. ..Applicants. V/s. Official Liquidator, Bombay & Anr. ..Respondents. Mr.K.P.Anilkumar a/w Mr.C.J.Jonson for petitioner. Mr. S.Ramakantha, Dy. O.L.present. CORAM: A.M.KHANWILKAR,J CORAM: A.M.KHANWILKAR,J CORAM: A.M.KHANWILKAR,J DATE : MARCH 26, 2008. DATE : MARCH 26, 2008. DATE : MARCH 26, 2008. P.C. : P.C. : P.C. : 1. Heard Counsel for the Applicants and the representative of the Official Liquidator. In my opinion, for the nature of limited relief claimed in this Application, in the interest of justice, Application deserves to be allowed on condition that the Applicants shall pay costs quantified at Rs.10,000/- to the Official Liquidator within two weeks from today, which amount will be credited to the account of the Company in liquidation so as to meet legal expenses, to be incurred by the Official Liquidator for pursuing the said proceedings. 2 2. It is made clear that the amount of cost specified is consolidated amount to be paid by all the Applicants before the lower Authority. Besides, the Applicants to produce authority letter issued in favour of the Applicants by the ninety one other Applicants named in Schedule "A". That be done within two weeks from today. 3. Application disposed off on the above terms. (A.M.KHANWILKAR,J) (A.M.KHANWILKAR,J) (A.M.KHANWILKAR,J)