: 1 : CHS-1097-10=.sxw USJ IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION CHAMBER SUMMONS NO. 1097 OF 2010 IN SUIT NO. 1689 OF 2003 Bank of India .. Plaintiffs v/s. Official Liquidator of Alpic Finance Ltd. .. Defendants ......... Ms. Somaya Srikrishna i/by Little & Co. for the plaintiffs Ms. Irani for Official Liquidator ......... CORAM : R.Y.GANOO, J. DATE : 27st SEPTEMBER,2010. P.C. : 1. Heard learned Counsel on both sides. Learned Counsel for the Official Liquidator submitted that claims of the employees are being determined and, therefore, no withdrawal should be permitted. 2. In the morning itself, the Court has passed order for Sale of certain properties which are likely to fetch Rs.1 crore and odd amount. Some money out of that amount can be reserved. The monies which are proposed to be withdrawn are to be used for disbursing it to various : 2 : CHS-1097-10=.sxw investers who had purchased debentures of the company namely Alpic Finance Ltd. which are presently managed by the Official Liquidator. There appears to be no difficulty in allowing the plaintiffs bank to withdraw the said money on an undertaking given by the plaintiffs that if required they would bring back the money to the Court. In view of this, following order is passed to dispose of the chamber summons. ORDER (i) Chamber summons is made absolute in terms of prayer clauses (a) and (b). (ii) Court Receiver to make payment in terms of prayer clauses (a) and (b) upon original undertaking being filed in the Court and copy thereof would be filed in the office of the Court Receiver. (iii) Chamber Summons is disposed of in the above terms. (R.Y.GANOO, J.)