OFFICIAL LIQUIDATOR OF ASSOCIATED PUMPS PVT. LTD. (IN LIQUIDATION) vs KIRLOSKAR ELECTRIC COMPANY LIMITED. (PETITIONER) — OLR/85/2026
Case under Companies Act & Rules 1956 Section 481(1). Disposed: Contested--DISPOSED OFF on 24th April 2026.
CNR: HCBM020051522026
Filing Number
OLR/5151/2026
Filing Date
11-02-2026
Registration No
OLR/85/2026
Registration Date
11-02-2026
Judge
HON'BLE JUSTICE SHRI ARIF S. DOCTOR
Coram
HON'BLE JUSTICE SHRI ARIF S. DOCTOR
Bench Type
Single
Judicial Branch
Original
Decision Date
24th April 2026
Nature of Disposal
Contested--DISPOSED OFF
Acts & Sections
Petitioner(s)
OFFICIAL LIQUIDATOR OF ASSOCIATED PUMPS PVT. LTD. (IN LIQUIDATION)
Respondent(s)
KIRLOSKAR ELECTRIC COMPANY LIMITED. (PETITIONER)
KIRLOSKAR ELECTRIC COMPANY LIMITED. (PETITIONER)
BANK OF INDIA
ICICI LTD.
SICOM LTD.
Hearing History
Judge: HON'BLE JUSTICE SHRI ARIF S. DOCTOR
FOR DIRECTION
DUE MATTERS - ADJOURNED OS
DUE MATTERS - ADJOURNED OS
FOR DIRECTION
| Date | Purpose |
|---|---|
| 20-02-2026 | FOR DIRECTION |
| 19-06-2026 | DUE MATTERS - ADJOURNED OS |
| 10-04-2026 | DUE MATTERS - ADJOURNED OS |
| 27-03-2026 | FOR DIRECTION |
Orders
Case Summary: OLR/85/2026 The Bombay High Court allowed the Official Liquidator's Report for the permanent dissolution of Associated Pumps Pvt. Ltd. (in liquidation), which had been under winding-up since October 13, 1993. The company had no recoverable assets and nil funds available, though 22 claims had been received (workers' claims of Rs. 5,87,348 and Bank of India's claim of Rs. 12,80,000 were admitted, with dividends paid in 2002-2004). Justice Arif S. Doctor held that continuing the liquidation process served no useful purpose and granted dissolution under prayer clauses (a), (c), (d), and (e) of the Report, relying on established precedent that companies lacking substantial assets should be dissolved. This case analysis is maintained by casestatus.in based on publicly available court records.
Case Summary: OLR/85/2026 The Bombay High Court allowed the Official Liquidator's Report for the permanent dissolution of Associated Pumps Pvt. Ltd. (in liquidation), which had been under winding-up since October 13, 1993. The company had no recoverable assets and nil funds available, though 22 claims had been received (workers' claims of Rs. 5,87,348 and Bank of India's claim of Rs. 12,80,000 were admitted, with dividends paid in 2002-2004). Justice Arif S. Doctor held that continuing the liquidation process served no useful purpose and granted dissolution under prayer clauses (a), (c), (d), and (e) of the Report, relying on established precedent that companies lacking substantial assets should be dissolved. This case analysis is maintained by casestatus.in based on publicly available court records.
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