Disposed

Libra (Agencies) Pvt. Ltd. v. Birla Power Solutions Ltd. Cin No. L31101MH1984PLC032773

Bombay HC6 Jan 2016CA/181/2013

Case brief

AI extract

What is this about?

In a composite hearing, the Bombay High Court disposed of three company applications in the Birla Power Solutions matter because a liquidator had been appointed. The court also dismissed a withdrawal petition and adjourned remaining matters to a later date.

What did the court decide?

Disposal of company applications in Birla Power Solutions Ltd.; dismissal of withdrawal petition; adjournment of remaining matters.

Libra (Agencies) Pvt. Ltd. Vs Birla Power Solutions… — Insolvency and Bankruptcy | Bombay HC (2016)

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21.CA-181-2013

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION

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COMPANY APPLICATION NO.181 OF 2013 IN COMPANY PETITION NO.50 OF 2013

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Libra (Agencies) Pvt. Ltd. ….Petitioner Vs. Birla Power Solutions Ltd. ….Respondent

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WITH COMPANY APPLICTION NO.183 OF 2013 IN COMPANY PETITION NO.104 OF 2013

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Wazir Financial Services Pvt. Ltd. ….Petitioner Vs. Birla Cotsyn (India) Ltd. ….Respondent

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WITH COMPANY APPLICATION NO.182 OF 2013 IN

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COMPANY PETITION NO.74 OF 2013

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Wazir Financial Services Pvt. Ltd. ….Petitioner Vs. Birla Power Solutions Ltd. ….Respondent WITH COMPANY APPLICATION NO.184 OF 2013 IN

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COMPANY PETITION NO.103 OF 2013

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Libra Techcon Limited ….Petitioner Vs. Birla Power Solutions Ltd. ….Respondent

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WITH COMPANY PETITION NO.604 OF 2014

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Apex Farben India ….Petitioner Vs. Birla Cotsyn (India) Ltd. ….Respondent

Gauri Gaekwad

21.CA-181-2013

WITH COMPANY PETITION NO.64 OF 2015

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P.D. Sekhsaria Trading Co. Pvt. Ltd. ….Petitioner Vs.

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Birla Cotsyn (India) Ltd. ….Respondent

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Mr. Dharmapal Dave i/b. Mansukhlal Hiralal & Co. for the petitioner in CP/64/2015.

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Mr. Lalit V. Jain for the petitioner in CP/604/2014.

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Mr. Siddharth Murarka for the petitioner in CA/181/2013.

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Mr. Mayur Khandeparkar a/w. Ms. Ketki Gadkari i/b. Jayakar & Partners for the respondent.

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Ms. Chinmayee Vendse i/b. Vidhii Partners for the respondent in company petition no.604 of 2014.

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CORAM : K.R.SHRIRAM,J DATE : 6^th January, 2016

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P.C.:-

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1 As regards Birla Power Solutions Limited, the Official

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Liquidator has been appointed and taken charge of the assets of the company. Therefore, company application no.181 of 2013 in company petition no.50 of 2013, company application no.182 of 2013 in company petition no.74 of 2013 and company application no.184 of 2013 in company petition no.103 of 2013 does not survive and these company applications are accordingly disposed.

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2 The counsel appearing for the petitioner in company petition no.604 of 2014 seeks leave to withdraw the petition. The petition is

Gauri Gaekwad

21.CA-181-2013

disposed as withdrawn.

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3 Rest of the matters, stand over to 13^th January, 2016.

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(K.R.SHRIRAM,J)

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Gauri Gaekwad

Libra (Agencies) Pvt. Ltd. v. Birla Power Solutions Ltd. Cin No. L31101MH1984PLC032773

Case brief

What is this about?

What did the court decide?

Libra (Agencies) Pvt. Ltd. v. Birla Power Solutions Ltd. Cin No. L31101MH1984PLC032773

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Parties & counsel

Coram

Case details

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