Allowed
Sicom Limited v. the Official Liquidator, High Court, Bombay of Aqua Logistics Limited
Bombay HCCA/171/2014
Case brief
AI extract
What is this about?
By company application filed by SICOM Limited in one suit and IJS Global Inc. in another, the High Court at Bombay exercised jurisdiction under Section 446(1) of the Companies Act, 1956. The Court approved SICOM leaving the Court under the said section. This allowed the applicant to proceed with two complaints under Section 138 of the Negotiable Instruments Act, 1956 against Aqua Logistics Limited
What did the court decide?
Leave to proceed with Section 138 complaints and appointment of Official Liquidator in such complaints.