The High Court disposed of a Contempt Petition and an accompanying Company Application as not pressed by the petitioner following the winding up of the respondent company in the consolidated suit, without imposing costs.
Contempt Petition and Company Application disposed of as not pressed. No order as to costs.
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902.cnpcp.18.2015.doc
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
CONTEMPT PETITION NO. 18 OF 2015 IN COMPANY PETITION NO.511 OF 2014
ICICI Bank Ltd.
...Applicant/Petitioner
vs
S. Kumars Nationwide Ltd. ...Respondent
WITH COMPANY APPLICATION NO. 307 OF 2016
IN CONTEMPT PETITION NO.18 OF 2015 IN COMPANY PETITION NO. 511 OF 2014
ICICI Bank Ltd. ...Applicant/Petitioner
vs
S. Kumars Nationwide Ltd. ...Respondent
Mr Nitin Thakkar, Sr. Advocate a/w Mr Shyam Kapadia a/w Ms Shreevardhini Parchure a/w Mr Yuvraj Singh i/b M/s Desai & Diwanji for the Petitioner in CP No.511 of 2014
Mr Ravi Kadam, Sr. Advocate a/w Mr Chirag Mody a/w Ms Samindara Surve a/w Mr Aditya Singh i/b Little & Co. for the Respondent Co. in all the Petitions.
CORAM : B. P. COLABAWALLA J.
JULY 01, 2016 P.C. :
1 This Contempt Petition has been filed by the ICICI Bank
on the ground that the Respondent Company and its Directors have
breached its undertakings from making payment as set out in the
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902.cnpcp.18.2015.doc
consent terms dated 19 June, 2014. In view of the fact that in the Company Petition No.511 of 2014, the Company has already been ordered to be wound up, the Petitioner is not pressing this Contempt Petition. Accordingly, the Contempt Petition is disposed of as not pressed. No order as to costs.
2 In view of disposal of the Contempt Petition, nothing survives in the Company Application and the same is disposed of accordingly. No order as to costs.
Pg 2 of 2
ICICI Bank Ltd.
S. Kumars Nationwide Ltd.
B. P. Colabawalla
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
