RTI

Information as required under Section 4(1) (b) of the Right to Information Act, 2005.

1(A) The particulars of the organization:

The Official Liquidator, Mumbai is appointed by the Central Government under section 448 of the Companies Act, 1956 and is functionally attached to the Hon’ble High Court, Bombay.  The office of the Official Liquidator, Mumbai is under the administrative charge of the Regional Director, Ministry of Corporate Affairs,  Western Region, Mumbai situated at “Everest”, 100, Marine Drive, Mumbai – 400002 who supervises the functioning of the office of the Official Liquidator on behalf of the Central Government.  The Official Liquidator is entrusted with the duty of conducting the affairs of the companies under liquidation in accordance with the provisions of the Companies Act, 1956 read with Companies (Court) Rules, 1959 and is further subject to the orders of the Hon’ble High Court issued from time to time on the applications filed by or against the Official Liquidator and on the reports filed by the Official Liquidator.
The office of the Official Liquidator is situated at 5th Floor, Bank of India Building, Mahatma Gandhi Road, Mumbai – 400023, and Tel Nos. 022 22670024, 22675008 and Fax No.22692307.

1(B) Functions and duties:
The Official Liquidator is attached to the Bombay High Court, Mumbai and discharges his functions and exercise the powers as envisaged under the provisions of Section 457 of the Companies Act subject to the orders of the Hon’ble, High Court, from time to time. 
The powers/functions in brief are:
Section  457(1) (a)    To institute or defend any suit, prosecution, or other legal proceedings, civil or criminal, in the name and on behalf of the company;
(b) To carry on the business of the company so far as may be necessary for the beneficial winding up of the company;
(c) to sell the immovable and movable property and actionable claims of the company by public auction or private contract, with power to transfer the whole thereof to any person or body corporate, or to sell the same in parcels;
(d) To raise on the security of the assets of the company and money requisite;
(e) to do all such other things as may be necessary for winding up the affairs of the company and distributing its assets;

(2) (i)  to do all acts and to execute, in the name and on behalf of the company, all deeds, receipts, and other documents, and for that purpose to use, when necessary, the company’s seal;
(ia)  to inspect the records and returns of the company on the files of the Registrar without payment of any fee;
(ii) to prove, rank and claim in the insolvency of any contributory for any balance against his estate, and to receive dividends in the insolvency, in respect of that balance, as a separate debt due from the insolvent, and ratably  with the other separate creditors;
(iii) to draw, accept, make and endorse any bills of exchange, hundi or promissory note in the name and on behalf of the company, with the same effect with respect to the liability of the company as if the bill, hundi, or note had been drawn, accepted, made or endorsed by or on behalf of the company in the course of its business;
(iv) to take out, in his official name, letters of administration to any deceased contributory, and to do in his official name any other act necessary for obtaining payment of any money due from a contributory or his estate which cannot be conveniently done in the name of the company, and in all such cases, the money due shall, for the purpose of enabling the liquidator to take out the letters of administration or recover the money, be deemed to be due to the liquidator himself
(v) to appoint an agent to do any business which the liquidator is unable to do himself. 


2.  Powers and duties of the Officers and employees:

The Official Liquidator (OL) is assisted by three Deputy Official Liquidators (DOL) and four  Assistant Official Liquidators (AOL).  The functions/works are distributed amongst DOLs and AOLs as decided by the Official Liquidator from time to time.  The Official Liquidator also directly looks after the work of a liquidation section and   amalgamation section, apart from appearing before the Hon’ble Company Judge.

The brief distribution of duties entrusted to the Officers and section heads is as under:

Sr. No.

Name of the Officer

Name of the Dealing Assistant

Section

1

SHRI VINOD SHARMA OFFICIAL LIQUIDATOR
Direct Tel. 22671851 Fax 022 22692307
Email: samapakmum@yahoo.com Ol-mumbai-mca@nic.in Board Nos. 22670024 / 22675008

1. Shri P.C. Sukhadeve, Steno Gr.I
2. Smt. Jui J. Jambvadekar, Sr. Asstt.

PA

1. Shri Santosh Dalvi, Sr. Asstt.

Amalgamation

1. Smt. Mandakini Ahire, Steno Gr.II
2. Shri Sameer Jambhavdekar, Jr. Asstt.

Legal

2

Shri N. Chinnachamy Dy. Official Liquidator
Tel: 22679547

1. Shri S.D. Bhosale, STA
2. Shri A.A. Shejwalkar, U.D.C.
3. Smt. Hema Koli, U.D.C.
4. Mrs. V.V.Jog, Sr. Asstt.
5. Smt. Urmila Agashe, Jr. Asstt.
6. Mrs. Raji Nair, Sr. Asstt.

Accounts

1. Shri A.R.Mane, JTA
2. Shri Sarambale, Asstt.Record Keeper
3. Smt. Sonawane, U.D.C.
4. Smt. D.G. Khandori, J.T.A.
5. Smt. Anita Reja, Jr. Hindi Translator

Establishment

1. Smt. V.V.Jog, Sr. Asstt.

Income Tax

1. Shri Sarambale,Asstt. Record Keeper

RTI

3

Ms Prathibha Ramaswamy Asstt. Official Liquidator
Tel: 22679547

1. Smt. Shobha Shrotri, STA
2. Smt. Chitra Sanil, Sr. Asstt.
3. Smt. B.B. Sawant, Sr. Asstt.
4. Shri Santosh Kadam, Jr. Asstt

Liqn. Section VI

 

Legal

1. Shri P.D. Unnikrishnan, STA
2. Shri Satpure, U.D.C.
3. Smt. Girija Nair. L.D.C.
4. Smt. Memoona Khan, Jr. Asstt.

Liqn. Section IV

4

Shri V.J. Shinde, Asstt. Official Liquidator
Tel: 22679547

1. Shri Bhosle, STA
2. Shri Phatak, U.D.C.
3. Shri V.D.Jadhav, L.D.C.
4. Smt. S.S. Masurekar,Sr. Asstt.
5. Smt. R.R. Shasane, Sr. Asstt.

Liqn. Section VII

1. Shri M.K. Rajput, STA
2. Ms. Smitha Divekar, Jr. Asstt.
3. Shri Dhiraj Sawant, Jr. Asst.
4. Smt. Usha Bame, Sr. Asstt.

Liqn. Section IX

5

Shri Sanjay Kumar Verma, Asstt. Official Liquidator
Tel: 22679547

1. Smt. Jyoti Khurkute, STA
2. Smt. Pradhnya Pathakji, Sr. Asstt.

Liqn. Section XII

1. Shri Anil Marotkar, U,D,C,
2. Smt. Jayshree Kambli, Sr. Asstt.
3. Shri Sarveshkumar, Jr. Asstt.
4. Smt. Aruna Yadav, Sr. Asstt.

Liqn. Section I

1. Smt. Shanta Prabhakaran, JTA

Vol. Liqn.

6

Shri Pankaj Srivastava Asstt. Official Liquidator
Tel: 22679186

1. Shri A.K. Das, STA
2. Smt. Anju Kudtarkar, Sr. Asstt.
3. Shri V.P.Jawdekar, Sr. Asstt.
4. Smt. S.Y. Gawande, Sr. Asstt.

Liqn. Section III

1. Smt. Jyoti Khurkute, STA
2. Shri Mangesh Thakore, Sr. Asstt.

XI

1. Shri P.D. Unnikrishnan, STA
2. Shri Sameer Salvi, Sr. Asstt.
3. Smt. Rupali Mayekar, Jr. Asstt.

Liqn. II

7

Shri Mahendhar Aithe, Company Prosecutor
Tel: 22679186

1. Shri S.D.Bhosle, STA
2. Smt. B.B. Naik, Assistant
3. Smt. Kalpana Nair, Sr. Asstt.
4. Shri M.R. Palav, Sr. Asstt.
5. Shri P.P.Choudhary, Jr. Asstt.

Liqn. Section VIII

1. Shri Tushar Doshi, U.D.C.
2. Shri Ramesh Nimje, Sr. Asstt.

DRT

 

Legal

8

Ms Yogini Chauhan Asstt. Official Liquidator
Tel: 22696965

1. Smt. Ashwini Narate, JTA
2. Smt. Rajshree Ashubhe, Sr. Asstt.
3. Ms. Pranita Shende, Jr. Asstt.
4. Shri Chintamani Labde, Jr. Asstt.

Liqn. Section V

 

 

 

Legal

 

 

1. Shri M.K. Rajput, STA
2. Ms. Nidhi Prajapati, JTA
3. Shri Anand Rao, U.D.C.

Liqn. X

3.  Procedure followed in respect of decision making process:
All the works, files or reports are initiated by the LDC or UDC in the case of Govt. staff and Junior/Senior Assistant in the case of Company Paid Staff (CPS) as the case may be are  put up to the Section Head who process the same and send to the concerned DOL or AOL as the case may be and the said DOL/AOL process the same  and send to the OL with his/her views/recommendations and the OL  accords his final approval or otherwise.  However, the OL delegates from time to time,  by issue of Office Orders, the  specified matters which  are finally disposed off at DOL / AOL level as the case may be.  Thus, each person/staff who takes  the above decision making process is responsible and accountable to the extent of his/her contribution to a particular case/matter.

4.  Norms for discharge of functions:

The office Official Liquidaor complies with the statutory provisions of the Companies Act, 1956 and Companies (Court) Rules, 1959 and/or the orders of the Hon’ble High Court of Bombay in exercise of its powers conferred under the Companies Act and in discharge of its duties.

5.  Acts, Rules, regulations, instructions, manuals and records used by the employees for discharge of their functions:

  1. The Companies Act, 1956

  2. The Companies (Court) Rules, 1959

  3. The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI)

  4. DRT Act, DRT and DRAT Rules and regulations.

  5. Industrial Disputes Act, 1947.

  6. Payment of Bonus Act, 1965 and Payment of Bonus Rules, 1975.

  7. Workmen’s Compensation Act, 1923

  8. General Financial  Rules framed by the Central Govt.

  9. Fundamental Rules and Supplementary Rules Part  I –V of the Central Govt.

  10. Central Civil Services (Pension) Rules, 1972

  11. CCS (Conduct) Rules, 1955

  12. CCS (Classification Control and Appeal) Rules, 1964

  13. Ministry of Corporate Affairs, Field Offices Recruitment Rules, 2011 and Administrative circulars/ Orders of the Ministry of Corporate Affairs.


6.  Categories of documents

The documents  held by the office are those received from the various companies under liquidation, claimants, litigants, governments, the Official Liquidator’s Reports submitted to the Hon’ble High Court from time to time and other Courts and orders passed by the Hon’ble High Court, valuation reports obtained from approved valuers  in respect of  the assets of various companies (in liqn).

7.  The arrangements that exist for the consultation with or representation by the members of the public in relation to the formulation of policy or implementation thereof.

   Not applicable, since the liquidation proceedings of the Companies under liquidation are undertaken as per the orders of the Hon’ble High Court from time to time.

8.  Boards, Councils, Committees and other bodies consisting of two or more persons constituted by it.  Additionally, information as to whether the meetings of these are open to the public, or minutes of meetings are accessible to the public.

The Office of Official Liquidator, in discharge its functions, holds meetings from time to time with secured/unsecured creditors, workmen, financial institutions, banks, other Govt. institutions such as DRT, etc., for carrying forward liquidation proceedings in respect of companies in liquidation and the minutes of these meetings/ liquidation proceedings in respect of specific companies can be obtained upon making application to the CPIO of the office of the Official Liquidator, Mumbai.  The purchase functions of the office of the Official Liquidator are  being discharged by a purchase committee.

9.  Directory of Officers and employees:

May be referred to the list attached as per Annexure – “A”..

10.  Monthly remuneration received by officers and employees
:
May be referred to the list attached as per Annexure – “B”. 

11.   Budget allocation and expenditure
:
The position of budget allocation vis a vis actual expenditure for the financial years 2011-12, 2012-13 and  2014-14 is as under: (Rupees in lakhs)

Expenditure Head

Budget Allocation for the financial year

Actual expenditure for the financial year

2011-12

2012-13

2013-14

2011-12

2012-13

2013-14

Salary

160.00

187.40

202.19

160.00

187.40

202.19

Domestic Travels

3.50

3.42

2.96

3.08

3.26

2.86

Medical expenses

1.50

0.50

1.00

0.30

0.29

0.11

Office Expenses

20.00

22.08

15.50

20.00

22.02

15.50

Rent, rates and taxes

0.30

0.26

0.26

0.26

0.25

0.25

Total

185.30

213.66

221.02

183.64

213.22

220.90


12.       The manner of execution of subsidy program including the amount allocated and the details and beneficiaries of such program.

            Not applicable.

13.       Particulars of recipient of concession permits or authorization granted
:
            Not applicable.

14.       Details of the information available to or held by it reduced in an electronic form:

            The information in respect of companies under liquidation, dissolved under compulsory winding up and under voluntary winding up, public notices for sale, for invitation of claims and for declaration of dividend to creditors, settlement of List of Creditors,  etc. are placed in the website of this office.

16.       Particulars of Central Public Information Officer, Assistant Central Public Information Officer and First Appellate Authority.


Central Public Information Officer (CPIO)

Mr. N. Chinnachamy,
Deputy Official Liquidator,
High Court, Bombay 5 th Floor,
Bank Of India Building,
Mahatma Gandhi Road,
Fort, Mumbai 400 023
Telephone No: - 022 2267 9547 (Direct)
Fax No: - 022 2269 2307

Central Public Information Officer (CPIO)

Ms. Yogoni D. Chauhan,
Deputy Official Liquidator,
High Court, Bombay
5 th Floor, Bank Of India Building,
Mahatma Gandhi Road,
Fort, Mumbai 400 023
Telephone No: - 022 2269 6965 (Direct)
Fax No: - 022 2269 2307

First Appellate Authority

Mr. Vinod Sharma,
Official Liquidator,
High Court, Bombay
5 th Floor, Bank Of India Building,
Mahatma Gandhi Road,
Fort, Mumbai 400 023 Telephone No: - 022 2267 1851 (Direct) Fax No: - 022 2269 2307

    
OFFICERS:

Sr  No.

Name of the Officer/ official and Designation

1

Shri Vinod Sharma, Official Liquidator

2

Shri N. Chinnachamy, Deputy Official Liquidator

3

Ms Yogini D. Chauhan, Deputy Official Liquidator

4

Shri V. J. Shinde, Assistant Official Liquidator

5

Shri Pankaj Srivastava, Assistant Official Liquidator

6

Ms Prathibha Ramaswamy, AOL

7

Shri Sanjay Kumar Verma, AOL

8

Shri Mahendhar Aith e, Company Prosecutor


STAFF MEMBERS:

Sr  No.

Name of the Officer/ official and Designation

1

Shri S. D. Bhosle, Senior Technical Assistant

2

Smt. S. B. Shrotri, Se nior Technical Assistant

3

Smt. Jyoti L. Khurkute, Senior Technical Assistant

4

Shri M. K. Rajput, Senior Technical Assistant

5

Shri P. D. Unnikrishnan, Senior Technical Assistant

6

Shri Ashim Kumar Das, Senior Technical Assistant

7

Shri A. R. Mane, Junior Technical Assistant

8

Smt. S. Prabhakaran, Junior Technical Assistant

9

Miss A. R. Narete, Junior Technical Assistant

10

Ms. Nidhi A. Prajapati, J unior Technical Assistant

11

Smt. D. G. Khandori, Junior Technical Assistant

12

Smt. B. B. Naik, Assistant

13

Shri P. C. Sukha deve, Stenographer - I

14

Smt. M. S. Ahire, Stenograpaher - II

15

Smt. A. R. Reja, Juior Hindi Translator

16

Shri S. S. Sarambale, Assistant Record Keeper

17

Shri A. P. Marotkar, Upper Division Clerk

18

Shri N. R. Khumbhare , Upper Division Clerk

19

Shri T. R. Doshi, Upper Division Clerk

20

Smt. H. B. Koli, Upper Division Clerk

21

Smt. J. P. Sonawane , Upper Division Clerk

22

Shri K. K. Satpute, Upper Division Clerk

23

Shri P. A. Rao, Upper Division Clerk

24

Shri A. A. Shejwadkar, Upper Division Clerk

25

Shri R. B. Phatak, Upper Division Clerk

26

Smt. Girija Nair, Lower Division Clerk

27

Shri V. D. Jadhav, Lower Division Clerk

28

Smt. P. B. More, Multi Tasking Staff

29

Shri D. S. Shanbhag, Multi Tasking Staff

30

Shri S. R. Chavan, Multi Tasking Staff

31

Smt. A. A. Manjrekar, Multi Tasking Staff

32

Shri D. M. Hule, Multi Tasking Staff


COMPANY PAID STAFF:

Sr  No.

Name of the Officer/ official and Designation

1

Smt. V. V. Jog, Senior Assistant

2

Smt. B. B. Sawant , Senior Assistant

3

Smt. A. V. Khudtarkar, Senior Assistant

4

Smt. S. S. Masurekar, Senior Assistant

5

Smt. R. R. Shasan e, Senior Assistant

6

Smt. K. G. Nair, Senior Assistant

7

Smt. C. G. Sanil, Senior Assistant

8

Smt. R. P. Asubhe, Senior Assistant

9

Smt. U. V. Bamne, Senior Assistant

10

Shri V. P. Jawdekar, Senior Assistant

11

Shri D. S. Jadhav, Senior Assistant

12

Shri R. N. Nimje, Senior Assistant

13

Shri Mangesh Thakore, Senior Assistant

14

Smt. P. V. Pathakji , Senior Assistant

15

Smt. A. D. Yadav, Senior Assistant

16

Shri S. R. Dalvi, Senior Assistant

17

Smt. S. Y. Gava nde, Senior Assistant

18

Smt. J. J. Jambavdekar, Senior Assistant

19

Smt. R. R. Nair, Senior Assistant

20

Shri S. C. Salvi, Senior Assistant

21

Smt. J. P. Kambli, Senior Assistant

22

Mrs. U. G. Agashe , Junior Assistant

23

Shri S. A. Kadam, Junior Assistant

24

Shri M. R. Palav, Junior Assistant

25

Miss S. G. Divekar, Junior Assistant

26

Shri Sarvesh Kumar, Junior Assistant

27

Miss P. S. Shende, Junior Assistant

28

Miss R. P. Mayekar, Junior Assistant

29

Smt. Maimuna S. Khan, Junior Assistant

30

Shri D. S. Sawant, Junior Assistant

31

Shri C. Labde, Junior Assistant

32

Shri P. P. Chaudhary, Junior Assistant

33

Shri S. S. Jambhavdekar , Junior Assistant

34

Shri G. R. Bagul, Peon

35

Shri S. M. Shetty, Peon

36

Shri S. S. Tendulkar, Peon

37

Shri Binod Prasad , Peon

38

Shri P. T. Joshi, Peon

39

Shri G. B. Chavan , Peon

40

Smt. Manju Bisht, Peon

41

Sri Suresh M. Valmiki, Peon

42

Shri V. M. Valmiki, Sweeper

43

Shri Rahul Kumar, Swee per Cum - Night Watchman