Multiple company petitions were disposed of summarily. The High Court of Judicature at Bombay held that no relief survived because the respondent had already been ordered to be wound up in a separate proceeding.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
MST
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
COMPANY PETITION NO.299 OF 1998
Metrochem Ind. Ltd. Petitioner
versus
Atash Ind. (I) Ltd. Respondent
WITH
COMPANY PETITION NO.115 OF 1998
Gujarat Lease Financing Ltd. Petitioner
versus
Atash Ind. (I) Ltd. Respondent
WITH
COMPANY PETITION NO.428 OF 1998
Goyal MG Gases Ltd. Petitioner
versus
Atash Ind. (I) Ltd. Respondent
WITH
COMPANY PETITION NO.643 OF 1998
Splendour Investments Pvt.Ltd. Petitionet
versus
Atash Ind. (I) Ltd. Respondent
WITH
COMPANY PETITION NO.662 OF 1998
Shantilal Chottalal & Co. Petitioner
versus
Atash Ind. (I) Ltd. Respondent
WITH
COMPANY PETITION NO.689 OF 1998
B.K.Twisters Petitioner
versus
Atash Ind. (I) Ltd. Respondent
WITH
COMPANY PETITION NO.960 OF 1998
Ranbaxy Laboratories Ltd. Petitioner
versus
Atash Ind. (I) Ltd. Respondent
Ms.Irine Dilima i/by D’lima & Co. for Petitioner
in CP 115/1998.
Ms.D.Y.Adhav i/by Henal Vakharia & Co. for
petitioner in CP 960/1998.
Dipti Raja i/by Dhru & Co. for petitioner in CP
no.643/1998.
None present in CP Nos.299/1998, 428/1998,
662/1998, 689/1998.
CORAM : A.M.KHANWILKAR, J.
DATE : 22nd November 2007
PC :
1. Heard counsel for the petitioner. As the
record indicates that the respondent company has
already been ordered to be wound up by order
dated 1st July 2004 passed in Company Petition
No.91 of 1999, nothing survive for consideration
in these petitions. The same are disposed of.
The petitioners, if so advised, will be free to
pursue appropriate remedy as may be permissible
in law. All questions in that behalf are
expressly kept open.
(A.M.KHANWILKAR, J.)
Metrochem Ind. Ltd.
Gujarat Lease Financing Ltd.
Goyal MG Gases Ltd.
Splendour Investments Pvt.Ltd.
Shantilal Chottalal & Co.
B.K.Twisters
A.M.KHANWILKAR
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court