IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION ( LODGING) NO.250 OF 2010 IN COMPANY PETITION NO.1068 OF 1997 Ralli Brothers & Co. ....Petitioner And Life Insurance Corpn. Of India ....Applicant V/s. The Official Liquidator ....Respondent Ms.Priya B. i/b M.V. Kini & Co. for the Applicant. Mr.Rama Rao Official Liquidator present. CORAM : S.J. VAZIFDAR, J. DATE : 21ST JUNE, 2010. P.C. :- 1. The Applicant / Life Insurance Corporation of India Limited seeks an order under Section 536(2) of the Companies Act for transferring 15,16,600 shares of the company in liquidation to one Grand View Estates Private Limited and for consequential orders. The Official Liquidator has no objection to the transfer provided the Applicant furnishes the necessary particulars in respect of the said shares in order to enable the Official Liquidator to verify the same. 2. In the circumstances, the Company Application is made absolute in terms of prayers (i) and (ii) subject to the above verification. 3. The Company Application is accordingly disposed of.