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2013 Supreme(Bom) 1416

R.D.DHANUKA
Nagindas Kasturchand – Appellant
Versus
Official Liquidator, High Court Bombay – Respondent


Advocates Appeared:
Shri CHERAG BALSARA a/with LUANN CRASTO i/by M/s K.ASHAR & CO. for the Applicant.
Mr V.K. NAIR for Respondent No.2.
Mr CYRUS ARDESHIR i/by O.L., Mrs R. SUTAR, A.O.L., Mr A.Y. SAKHARE, Sr. Adv. i/by R.K. BOBADE for Interveners.

JUDGMENT:-

By this application filed by Mr Shashikant Pasari who is a ex-Director of Rajan (Textile) Mills Pvt Ltd (in liquidation), Barshi, Taluka Barshi, District Sholapur, and a guarantor to the secured creditor and who is major shareholder and claims to be a creditor of the Company (in liquidation), seeks recall/review of the order dated 12th February, 2013 passed by this Court in Company Application No.653 of 2012. By the said order dated 12th February, 2013 passed by this Court in Company Application No. 653 of 2012 filed by the Central Bank of India one of the secured creditor, this Court allowed the Central Bank of India to release all claims on the leasehold rights in favour of the owners of the properties which were mortgaged with the Central Bank of India, being Block Nos. 400, 401, 402, 403, 405 and 427 situate at village Barshi, Taluka Barshi, District Sholapur (hereinafter referred to as "the said properties) by accepting the sum of Rs.1.40 Crores from the owners of the said properties and also directed the Official Liquidator to release and relinquish the leasehold rights held by M/s Rajan (Textile) Mills Pvt. Ltd (in liquidation) in favour of the owners of the said p




















































































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