OFFICIAL LIQUIDATOR OFFICIAL LIQUIDATOR vs MILESHTONE INTERACTIVE PVT. LTD CIN NO. U72200MH1997PTC109692 Advocate - Sushanth, ,Shadab,King Stubb and Kasiva — OLR/53/2019
Case under Companies Act & Rules 1956. Disposed: --DISPOSED OFF on 04th May 2026.
CNR: HCBM020053772019
Filing Number
OLR/53/2019
Filing Date
26-Feb-2019
Registration No
OLR/53/2019
Registration Date
26-Feb-2019
Judge
Hon'ble Justice Shri Arif S. Doctor
Coram
Hon'ble Justice Shri Arif S. Doctor
Bench Type
Single
Judicial Branch
Original
Decision Date
04-May-2026
Nature of Disposal
--DISPOSED OFF
Last updated 20-Jun-2026
Acts & Sections
Petitioner(s)
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1.OFFICIAL LIQUIDATOR OFFICIAL LIQUIDATOR
Respondent(s)
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1.MILESHTONE INTERACTIVE PVT. LTD CIN NO. U72200MH1997PTC109692 Advocate - Sushanth, ,Shadab,King Stubb and Kasiva
Case History
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Case disposedDisposed
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04-May-2026
Hon'ble Justice Shri Arif S. DoctorView PDF
Case Summary: OLR/53/2019 The Bombay High Court validated a property sale by M.M. Styles Private Limited (Applicant) to Milestone Interactive Pvt. Ltd. (company in liquidation) despite occurring after a winding-up petition was filed, finding the transaction bona fide and beneficial to creditors. The court dismissed the Official Liquidator's report seeking to void the transaction, holding that Section 536(2) of the Companies Act—while rendering dispositions "void"—should be interpreted as "voidable" and permits validation when transactions benefit the company or creditors, involve fair value, and lack fraudulent intent. This case analysis is maintained by casestatus.in based on publicly available court records.
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04-May-2026
For Passing Order
Hon'ble Justice Shri Arif S. Doctor
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30-Apr-2026
Hon'ble Justice Shri Arif S. DoctorView PDF
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30-Apr-2026
For Passing Order
Hon'ble Justice Shri Arif S. Doctor
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24-Apr-2026
For Passing Order
Hon'ble Justice Shri Arif S. Doctor
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17-Apr-2026
For Orders
Hon'ble Justice Shri Arif S. Doctor
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10-Apr-2026
High On Board (Hob)
Hon'ble Justice Shri Arif S. Doctor
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27-Mar-2026
High On Board (Hob)
Hon'ble Justice Shri Arif S. Doctor
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06-Mar-2026
Hon'ble Justice Shri Arif S. DoctorView PDF
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06-Mar-2026
Due Matters - Adjourned OS
Hon'ble Justice Shri Arif S. Doctor
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06-Feb-2026
Hon'ble Justice Shri Arif S. DoctorView PDF
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06-Feb-2026
Due Matters - Adjourned OS
Hon'ble Justice Shri Arif S. Doctor
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16-Jan-2026
Hon'ble Justice Shri Arif S. DoctorView PDF
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16-Jan-2026
Due Matters - Adjourned OS
Hon'ble Justice Shri Arif S. Doctor
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12-Dec-2025
Hon'ble Justice Shri Arif S. DoctorView PDF
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12-Dec-2025
For Direction
Hon'ble Justice Shri Arif S. Doctor
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28-Nov-2025
Due Matters - Adjourned OS
Hon'ble Justice Shri Arif S. Doctor
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21-Nov-2025
Hon'ble Justice Shri Arif S. DoctorView PDF
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21-Nov-2025
Due Matters - Adjourned OS
Hon'ble Justice Shri Arif S. Doctor
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07-Nov-2025
At 1.00 P.M.
Hon'ble Justice Shri Arif S. Doctor
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26-Sep-2025
Hon'ble Justice Shri Arif S. DoctorView PDF
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26-Sep-2025
At 01.00 Pm
Hon'ble Justice Shri Arif S. Doctor
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20-Sep-2025
At 01.00 Pm
Hon'ble Justice Shri Arif S. Doctor
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19-Sep-2025
Hon'ble Justice Shri Arif S. DoctorView PDF
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12-Sep-2025
At 4.00 P.M.
Hon'ble Justice Shri Arif S. Doctor
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21-Aug-2025
Hon'ble Justice Shri Arif S. DoctorView PDF
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21-Aug-2025
Due Matters - Adjourned OS
Hon'ble Justice Sharmila U. Deshmukh
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07-Aug-2025
Due Matters - Adjourned OS
Hon'ble Justice Sharmila U. Deshmukh
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08-Jul-2025
Hon'ble Justice Sharmila U. DeshmukhView PDF
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08-Jul-2025
For Further Consideration
Hon'ble Justice Sharmila U. Deshmukh
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24-Jun-2025
Hon'ble Justice Sharmila U. DeshmukhView PDF
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24-Jun-2025
Balance Board
Hon'ble Shri Justice Manish Pitale
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17-Apr-2025
Hon'ble Shri Justice Manish PitaleView PDF
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17-Apr-2025
High On Board (Hob)
Hon'ble Shri Justice Manish Pitale
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25-Mar-2025
Hon'ble Shri Justice Manish PitaleView PDF
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25-Mar-2025
High On Board -
Hon'ble Shri Justice Manish Pitale
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21-Feb-2025
Hon'ble Shri Justice Manish PitaleView PDF
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21-Feb-2025
At 2.30 P.M.
Hon'ble Shri Justice Manish Pitale
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24-Jan-2025
Hon'ble Shri Justice Manish PitaleView PDF
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24-Jan-2025
At 4.00 P.M.
Hon'ble Shri Justice Abhay Ahuja
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06-Dec-2024
Hon'ble Shri Justice Abhay AhujaView PDF
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06-Dec-2024
At 2.30 P.M.
Hon'ble Shri Justice Abhay Ahuja
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10-Oct-2024
Hon'ble Shri Justice Abhay AhujaView PDF
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10-Oct-2024
At 2.30 P.M.
Hon'ble Shri Justice Abhay Ahuja
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19-Sep-2024
Hon'ble Shri Justice Abhay AhujaView PDF
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19-Sep-2024
At 2.30 P.M.
Hon'ble Shri Justice Abhay Ahuja
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23-Aug-2024
Hon'ble Shri Justice Abhay AhujaView PDF
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23-Aug-2024
At 2.30 P.M.
Hon'ble Shri Justice Abhay Ahuja
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25-Jul-2024
Hon'ble Shri Justice Abhay AhujaView PDF
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25-Jul-2024
At 2.30 P.M.
Hon'ble Shri Justice Abhay Ahuja
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27-Jun-2024
Hon'ble Shri Justice Abhay AhujaView PDF
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18-Aug-2023
Hon'ble Smt. Justice Bharati DangreView PDF
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05-Mar-2020
First hearing
Initial hearing scheduled
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26-Feb-2019
Case filed
Registration No. OLR/53/2019
Case Summary: OLR/53/2019 The Bombay High Court validated a property sale by M.M. Styles Private Limited (Applicant) to Milestone Interactive Pvt. Ltd. (company in liquidation) despite occurring after a winding-up petition was filed, finding the transaction bona fide and beneficial to creditors. The court dismissed the Official Liquidator's report seeking to void the transaction, holding that Section 536(2) of the Companies Act—while rendering dispositions "void"—should be interpreted as "voidable" and permits validation when transactions benefit the company or creditors, involve fair value, and lack fraudulent intent. This case analysis is maintained by casestatus.in based on publicly available court records.
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