Gujarat High Court Case Information System
Print
SCA/11524/2002 2/ 2 ORDER
IN
THE HIGH COURT OF GUJARAT AT AHMEDABAD
SPECIAL
CIVIL APPLICATION No. 11524 of 2002
With
CIVIL
APPLICATION No.11592 of 2008
=========================================================
GUJARAT
INDUSTRIAL INVESTMENT CORPORATION LTD - Petitioner(s)
Versus
STATE
OF GUJARAT & 6 - Respondent(s)
=========================================================
Appearance :
MR
RD DAVE for Petitioner(s) : 1,
GOVERNMENT
PLEADER for Respondent(s) : 1 - 2.
NOTICE SERVED BY DS for
Respondent(s) : 3,
MR HM BHAGAT for Respondent(s) : 4,
SINGHI &
CO for Respondent(s) : 5,
MR SHALIN N MEHTA for Respondent(s) :
6,
RULE SERVED BY DS for Respondent(s) : 7,
MR DHARMESH V SHAH
for Respondent(s) :
7,
=========================================================
CORAM
:
HONOURABLE
MR.JUSTICE JAYANT PATEL
Date
: 07/10/2008
ORAL
ORDER
Prima
facie it appears that the sale of the property in question pending
the petition has already taken place. The money is realised and is
lying with this Court. The first claim over the money would be of
the secured creditors and the workers’ dues, if any, at pari passu
level. Therefore, if the meeting is convened of all the secured
creditors and the uniformity is arrived at for entrustment of the
money, the question of sale which has in any case taken places
pursuant to the interim order of this Court can be finalised.
Petitioner
will convene the meeting of all the secured creditors including the
representative of the workers, if any, as well as the District
Collector and shall submit the outcome of the meeting on 21.10.2008.
The
aforesaid shall be subject to further orders, which may be passed by
this Court.
(JAYANT PATEL, J.)
*bjoy
Top