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IN 'i'§*£§::} HIGH (.l()Ui<"£' UP' KARNA'l'Ai<.A AT BANGALUREZ
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{By E511 : §<AMlL'Si"i PsNAN'i"H£§N, AUV. }*'Uk< R1
SHE. BEEPA}5 :33/2001 by which the
second Iéessépendent' was ordered to be wounci up.
V' 12,.Anaw,_ he2it'd""£fi§: teamed counsei 161" the applicant
counsei fbr the fiffit responcient and the
ibr the efiirzziai Iiquidator.
VV submitied on behalf of the appiicant that in
éfzstant case, the msmpanjv in liquidation baa settled
dispute with respondent No.1 who is the petitioner
in Company Pstitien {€0,185}/20$: and the eutstallding
duaes o1’£<s.i3i3,12,3U(3/» has {men paid in 11:31 and final
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sattlemant and under the circumstances, the order at’
winding up ziated 31). 11.2005 may be recaijed. tie relies
upon the two decisions sf this coun: in suppo§ftVV_:(;Ii’}1is
submission.
4. Ceunsei for respendent Neg: is
in Compamr Petitien No.1é;£f§_/2Ui}1A”E1as thaf
View of the payment of outatéfifiiqg diies;”i;’ie izggifioner
has no objection for aft {:>::”d.¢r of up.
:3. Ceunsei it): ofii<:ia1,§.:.£iq11i:1a;toi;;",f§fii§'6§rer, submitted
that ufilesss are heard, the wiudmg
up order""ca1;néi :"«'5:;{:i:;-¢:i§.ec£. in response to the said
, subfgiission, £fi:::V .z–;1_p_1§3!Aica11t's counsttl has fiitzd a memo
'e::1'3'€:£{):s:i1_fag ._i§':tter$ mi' two fiecznfid creditars V113,, lng
vgésya .5'-.a;%1:;'< 1é;.i;§c1., and Dhanaiakshmi Bank Ltd., dated.
18.1…i§i'JfJ 5" and 3.5.2008 remgyectively stating that their
V' 'X1' have men Sfittifid {:13}? and finaiiy and that there
'are 110 othcir secured creciiters. Under {ha
circuznsfarzces, he submits that thtare is no 1&3}
ifllpfidililfiflt for recaiiing of the order dated BU. 11.12905.
2/;
.. 4 ..
(3. Having heard the csunsei and on gerusai of the
materiai on ;.’ec«:>’rt:: and t.l’1eI’€ neing I10 respense :9 the
advertisement taiiczn gut, pursuant 1:0 the .~§fc*..ér “‘Qt'” V’
admission of the petition] either SU§I)§}OI’¥iiI1g~’..%};i’
the gmtifien and there being no ieé-;poI1s<:§. to, 6:7'
winding up dated 30.1 1.2005 tiag: 'r c;'spo:i:;V_eints~.
instant case net having aI1y "ai)je<:.ti<);1 V'
regarci to the reca.£11§ig;,_ of tfiéurder 3I1(i Secured
creditars aiso exgaressiiig' dues stand
discharged nrg:{::~'oI'4tiie:_"dLt:(f;i§$10:1s of this court
repolfed -.113 .. Swamy 82; another V/'s.
<3oocizuJcié'–;5;ge::éie,§;sa»* §i_rja<§.tehr 43990 {V0£.€:='§} 519) and
aI1:3£§§1:;7r"deci;3i<3«i1…__i§1'.[é'.€3–¢:mesha if/'S. H.R'.£}ngmee?'£ng
» §;;'r"cr§cs.. pcza-s;i ""{1_995 (82) Company Cases 250} the order
dated passed in Company Petstion
N0. is racaiied and Company Ap§£icat:ion is
A » if * _§iér"e:..{::y aflewcd.
Thf: applicant is djractad to file certified copy 0f
this order betbre me iégegistraz” of Gomyames within a
peried 01″” 3!) days Eran’; tfm data of receipt oI’tt1is erfler.
– 5 _
8. The demfiit. made £33.? the appiicam pursuant to the
order 91′ winding dated 30.1 1.2005} with the ofiiiziai
Iiquidator stlali be renliitteci to the estaté
es’t,abIishment fund maintained by the 011131;:-gi: 1 V’ 4
9. In View of this 0I’d€r,W ‘ Petition “=
N0.18:3,/:2(}(}1 stands oziismisseci. . 3 A