Kotak vs Panchmahal on 18 August, 2010

   Gujarat High Court Case Information System 

  
  
    

 
 
    	      
         
	    
		   Print
				          

  


	 
	 
	 
	 
	 
	 
	 
	 
	 
	


 


	 

COMP/130/2010	 2/ 2	ORDER 
 
 

	

 

IN
THE HIGH COURT OF GUJARAT AT AHMEDABAD
 

 


 

COMPANY
PETITION No. 130 of 2010
 

 
===================================
 

KOTAK
MAHINDRA BANK LIMITED - Petitioner
 

Versus
 

PANCHMAHAL
CEMENT COMPANY LIMITED - Respondent
 

=================================== 
Appearance
: 
MR
NAVIN K PAHWA for Petitioner. 
None for
Respondent. 
===================================
 
	  
	 
	  
		 
			 

CORAM
			: 
			
		
		 
			 

HONOURABLE
			MR.JUSTICE K.A.PUJ
		
	

 

 
 


 

Date
: 18/08/2010 
ORAL ORDER

The
petitioner is hereby directed to place on record as to when the
actual sale took place pursuant to the Recovery Certificate issued
by the Debts Recovery Tribunal, Mumbai and how and in what manner,
the amount realized on sale of the assets of the Company was
appropriated by the petitioner along with other two Secured
Creditors, namely, IDBI as well as IFCI.

Office
is directed to ascertain as to whether any winding up petition is
filed against Panchmahal Cement Company Limited and whether it is
pending before the Court. Necessary details be placed on the record
on the next date of hearing.

S.O. to
23.08.2010.

Sd/-

[K. A. PUJ, J.]

Savariya

Top