Ultratech Cement Ltd. v. -
Case brief
What is this about?
Petitioner withdrew the scheme petition under Sections 391-394 of the Companies Act, 1956, citing observations in an earlier order dated 16.2.2016. The court disposed of the petition as withdrawn.
What did the court decide?
Petition disposed of as withdrawn.
What the court decided
CSP463.15-27
1
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
COMPANY SCHEME PETITION NO.463 OF 2015 WITH COMPANY SUMMONS FOR DIRECTION NO.296 OF 2015
In the matter of Petition under Sections 391 to 394 of the Companies Act, 1956 or any reenactment thereof ; And
In the matter of Scheme of Arrangement between UltraTech Cement Limited and Jaiprakash Associates Limited and their respective shareholders and creditors.
Ultra Tech Cement Limited ….Petitioner
Mr.Janak Dwarkadas, Senior counsel with Mr.Chirag Kamdar and Mr.Tapan Deshpande i/by Cyril Amarchand Mangaldas for the petitioner.
CORAM : K.R.SHRIRAM,J DATE : 25.2.2016
P.C.:-
1 Shri Dwarkadas senior counsel for the petitioner states that in view of the observations made in the order dated 16.2.2016 that the court was inclined to reject the Scheme Petition, the petitioner has re-considered their position. Shri Dwarkadas seeks leave to withdraw the petition. Petition disposed as withdrawn.
Coram
K.R.Shriram
Case details
As recorded by the court registry
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