Allowed

Duraware Private Limited v. Silver Light Nirlepwasre Industries Pvt.Ltd.With Duraware Pvt.Ltd.

Bombay HC10 Feb 2005CP/638/2004

Case brief

AI extract

What is this about?

The court dismissed objections by non-appearing creditors who had been served notice. The petitions for amalgamation were accepted and made absolute in terms of the recorded prayers, relying on reasons from related petitions. The matter was disposed of.

What did the court decide?

Petitions for amalgamation made absolute in terms of prayer clauses (a) to (g) of the petitions.

Duraware Private Limited Vs Silver Light Nirlepwasre… — Company and Corporate | Bombay HC (2005)

¶1

:1:

¶2

 IN THE HIGH COURT OF JUDICATUARE AT BOMBAY
 ORDINARY ORIGINAL CIVIL JURISDICTION’

¶3

 COMPANY PETITION NO. 638 OF 2004
 CONNECTED WITH
 COMPANY APPLICATION NO. 126 OF 2004

¶4

 In the matter of the Companies
 Act, I of 1956
 AND
 In the matter of sections 391 to
 394 of the Companies Act, 1956
 AND
 In the matter of the scheme of
 amalgamation of Silver Light
 Nirlepware Industies Private
 Limited with Duraware Private
 Limited.

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 Duraware Private Limited .... Petitioner

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ALONGWITH

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COMPANY PETITION NO. 637 OF 2004
CONNECTED WITH
COMPANY APPLICATION NO. 125 OF 2004

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 In the matter of the Companies
 Act, I of 1956
 AND
 In the matter of sections 391 to
 394 of the Companies Act, 1956
 AND
 In the matter of the scheme of
 amalgamation of Silver Light
 Nirlepware Industies Private
 Limited with Duraware Private
 Limited.

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 Silver Light Nirlepware Industsries

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:2:

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 Private Limited .....Petitioner

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 Shri Rahul Risbud for the petitioner in both the petitions.

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 Shri C.J. Roy with R.C. Master and M.M. Goswami Panel
 counsels i/b. T.C. Kaushik for Regional Director, Dept. of
 Company Affairs, Maharashtra, Mumbai in both the petitions.

¶14

 Shri R..C. Gupta, official Liquidator prsent in

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 C.P.637/2004 only.

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CORAM: S.U. KAMDAR, J.

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DATE : 10TH FEBRUARY, 2005.

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P.C. :

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 1. In the present case two of the creditors have
 filed their objections namely one Mrs. Ashwini Tatke and
 Mrs. Mansi Mhaskar that though the objections are filed
 the said creditors are not appearing in the present
 proceedings. On the last occasion I directed a special
 notice to be issued to the said creditors. An affidavit of
 service has been filed indicating that a notice has been
 issued to the said creditors for the hearing of the matter

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:3:

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 on 23.12.2004 when the said matter was finally heard.
 However, none appeared for the said creditors and pressed
 for the said objection. In the light of the aforesaid
 facts of the matter I reject the objections raised by the
 said creditors. For the reasons recorded in Company
 Petition no. 695 of 2004 and Company Petition no. 696 of
 2004, the petition is made absolute in terms of prayer

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 clause (a) to (g).

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 sd/-

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 **************

Duraware Private Limited v. Silver Light Nirlepwasre Industries Pvt.Ltd.With Duraware Pvt.Ltd.

Case brief

What is this about?

What did the court decide?

Duraware Private Limited v. Silver Light Nirlepwasre Industries Pvt.Ltd.With Duraware Pvt.Ltd.

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Statutes considered

Parties & counsel

Coram

Case details

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Silver Light Nirlepware Pvt.Ltd. Vs Silver Light Nirlepware Industries P.Ltd.With Duraware Pvt.Ltd.