HIGH COURT OF GUJARAT
OFFICIAL LIQUIDATOR OF M/S MARDIA CHEMICALS LTD. (IN LIQN) – Appellant
Versus
MR. RASIKLAL S. MARDIA – Respondent
ORAL ORDER
1. Heard learned Advocate Mr. MS KJ Brahmbhatt for the Official Liquidator and learned Advocate Mr.Arpit Singhvi for learned Advocate Mr. SP Majmudar for the respondent No. 1
2. By this report Official Liquidator prays for following reliefs:-
a) This Hon’ble Court may be pleased to take above facts and compliance report on records.
aa) This Hon’ble Court may be pleased to declare that in view of subsequent opinion dated 03.06.2019 of panel Chartered Accountant M/s. Dalal & Co. (Chartered Accountant’s firm), the opponent Mr. Rasiklal S. Mardia, Ex-promoter and Chairman & Managing Director of M/s. Mardia Chemicals Ltd. (In Liquidation) is not a worker of M/s. Mardia Chemicals Ltd. (In Liquidation) and claim does not fall u/s. 529A of the Companies Act, 1956 and therefore he is not entitled to receive his claim of Rs.35,91,097/- under the Section 529A of the Companies Act, 1956.
b) In view of above facts and circumstances submitted at above paras, this Hon’ble Court may be pleased to give appropriate direction in the matter, if any.
c) The Hon’ble Court may be pleased to join as party respondent Shri Rasiklal S Maradia, Ex- Promotor and Chairman & Managing Director of M/s. Maradi
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