The High Court of Bombay held that no substantive issue survives in Company Petition No.548 of 1998 because the respondent company has already been wound up in terms of a prior order.
The petition is disposed of with no questions open, and the petitioner is permitted to pursue other remedies.
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.548 OF 1998
ALPIC Finance Limited Petitioner
versus
Transpower Engineering Ltd. Respondent
Deputy Official Liquidator Mr.Ramakant present
CORAM : A.M.KHANWILKAR, J.
DATE : 22nd November 2007
PC :
1. The respondent company has been ordered to be
wound up in terms of order dated 21st June 2007
in Company Petition No.853 of 2000. In the
circumstances, nothing survives in this petition.
The petitioner may be free to pursue such other
remedy as may be permissible by law. All
questions in that behalf are kept open.
(A.M.KHANWILKAR, J.)
ALPIC Finance Limited
Transpower Engineering Ltd.
A.M.KHANWILKAR
As recorded by the court registry
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