C/OLR/74/2025 ORDER DATED: 16/12/2025 IN THE HIGH COURT OF GUJARAT AT AHMEDABAD R/OFFICIAL LIQUDATOR REPORT NO. 74 of 2025 In R/COMPANY PETITION NO. 47 of 2015 ========================================================== OFFICIAL LIQUIDATOR OF SOHM (I) PVT. LTD. Versus NONE ========================================================== Appearance: MR SHIVANG A THACKER(7424) for the Applicant(s) No. 1 ========================================================== CORAM:HONOURABLE MRS. JUSTICE MAUNA M. BHATT Date : 16/12/2025 ORAL ORDER 1. The Official Liquidator has filed the present report with following prayers:-- (A) “In view of facts stated here-in-above, this Hon’ble Court may be pleased to permit the Official Liquidator to invite claims from workers , secured creditors & preferential creditors of the company in liquidation under Section 529, 529A & 530 of the Companies Act, 1956 by way of publishing advertisement in Newspapers namely “Times of India”, English Script, and in “Gujarat Samachar”, Gujarati Script, both in Gujarat Edition or may be C/OLR/74/2025 ORDER DATED: 16/12/2025 pleased to decide any such News papers as this Hon’ble Court may consider deem fit and proper for inviting claims; (B) That, this Hon’ble Court may be pleased to permit the Official Liquidator to webcast the notice of the invitation of claims on the website of the Hon’ble High Court of Gujarat as well as on the website of the Ministry of Corporate Affairs; (C) This Hon’ble Court may be pleased to permit the Official Liquidator to appoint Chartered Accountant from the panel maintained by the Official Liquidator for verification and adjudication of claims as well as working out inter-se ratio amongst the creditors of the company in liquidation and also be pleased to direct the Official Liquidator to place the report of the Chartered Accountant before this Hon’ble Court by way of filing fresh report for further direction in the matter; (D) This Hon’ble Court may be pleased to permit the Official Liquidator to incur such advertising expenses as well as professional fees of Chartered Accountants from the Account of the Company in liquidation being liquidation expenses; (E) Such other and further orders and directions as this C/OLR/74/2025 ORDER DATED: 16/12/2025 Hon’ble court may deem, just and proper in the matter may also be passed.” 2. Heard Ld. Panel Advocate Mr. Shivang A. Thacker, he apprised the Court that vide order 04.05.2016 passed by this Hon’ble court in Company Petition No.47 of 2015, the above-named company ordered to be wound up and the Official Liquidator attached to this Hon’ble Court appointed as the Liquidator of the said company. In compliance of the winding up order, the Official Liquidator took possession of the assets and properties of the company in liquidation. 3. Mr. Thacker, further apprised that in compliance of the winding up order, the Official Liquidator took possession of the assets and properties of the company in liquidation freehold Industrial N. A. land along-with Civil Construction, Plants and Machineries situated at Plot No. 84, Changodar Industrial Estate, Mouje Changodar, Tal. Sanand, Dist. Ahmedabad. 4. This Court vide order dated 06.05.2025 passed in OLR C/OLR/74/2025 ORDER DATED: 16/12/2025 No. 04 of 2025 was pleased to confirm the freehold Industrial N. A. land along-with Civil Construction, Plants and Machineries situated at 84, Changodar Industrial Estate, Mouje Changodar, Tal. Sanand, Dist. Ahmedabad in favour of M/s. Prakash Agro Mills for sale consideration of Rs.6,45,00,000/- and on receipt of the entire sale consideration, the Official Liquidator handed over the possession of the aforesaid premises to the purchaser. 5. Mr. Thacker, Ld. Panel Advocate apprised that, as prescribed under Rule 148(1) of Companies (Court) Rules, 1959, the Official Liquidator is required to invite claim from secured creditors, workmen & preferential creditors of the company in liquidation as well as to appoint Chartered Accountants for verification and adjudication of their claim under Section 529 , 529A & 530 of the Companies Act, 1956. 6. Mr. Thacker, Ld. Panel Advocate further apprised that on receipt of the claim verification report of the Chartered Accountants, the Official Liquidator shall file appropriate report before this court seeking permission to disburse C/OLR/74/2025 ORDER DATED: 16/12/2025 the fund amongst creditor of the company in liquidation. 7. In view of above submission made by Mr. Thacker, Ld. Panel Advocate of behalf of the Official Liquidator, the Official Liquidator is permitted to invite claims from workers , secured creditors & preferential creditors of the company in liquidation under Section 529, 529A & 530 of the Companies Act, 1956 by way of publishing advertisement in Newspapers namely “Times of India”, English Script, and in “Gujarat Samachar”, Gujarati Script, in all Gujarat edition and also permitted to webcast the public notice on the website of the Hon’ble High Court of Gujarat as well as on the website of the Ministry of Corporate Affairs. 8. The Official Liquidator is further permitted to appoint Chartered Accountant from the panel maintained by the Official Liquidator for verification and adjudication of claims and working out inter-se ratio amongst the creditors of the company in liquidation and also further directed to place the report of the Chartered Accountant before this Court by way of filing fresh report for further direction in the matter. 9. The Official Liquidator is permitted to incur advertising C/OLR/74/2025 ORDER DATED: 16/12/2025 expenses and professional fees of Chartered Accountants from the account of the company in liquidation on priority basis being liquidation expenses. 10. The Court, having heard the Mr. Thacker,, Ld. Panel Advocate of behalf of the Official Liquidator and having considered the contents of the report, finds that the prayers sought in the report could be granted. They are accordingly granted. The Report stands disposed of. (MAUNA M. BHATT,J) NAIR SMITA V./14 Original copy of this order has been signed by the Hon'ble Judge. Digitally signed by: SMITA VINU NAIR(HC00186), PRINCIPAL PRIVATE SECRETARY, at High Court of Gujarat on 16/12/2025 14:12:19