Suit No. 2685 of 2011 between Noble Explochem Ltd. and Meet Mercantile Pvt. Ltd. disposed of as want of prosecution after Ipca Laboratories Limited acquired the plaintiff.
Suit disposed of for want of prosecution; refund of court fees to IPCA.
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SWAROOPSHARAD Digitally signedby SWAROOPSHARAD PHADKE PHADKE Date: 2022.10.1118:29:24 +0530
4 s 2685 of 2011.doc
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION SUIT NO.2685 OF 2011
…
Noble Explochem Ltd. Plaintiff
Versus
Meet Mercantile Pvt. Ltd. and Anr.
...Defendants
Mr. Abhirup Ghosh i/by Desai and Diwanji, for Defendant No.2.
Ms. Dhwani Doshi, for Defendant No.1.
Mr. Harish P. Kamath, Company Secretary of Plaintiff, present.
CORAM: N.J.JAMADAR, J.
DATE:10th OCTOBER, 2022
P.C.:
1. Heard the learned Counsel for the parties.
2. The learned Counsel for Defendant No.2 submits that Noble Explochem
Ltd. - Plaintiff no longer exists.
3.Pursuant to the orders passed by the National Company Law Tribunal,
Mumbai Bench, on 22nd January, 2020 in Company Petition No.1758 of 2017, M/s.
Ipca Laboratories Limited (IPCA) acquired the erstwhile Company – Noble
Explochem Ltd., as a successful resolution applicant.
4.An Affidavit of Mr. Harish P. Kamath, Corporate Counsel and Company
Secretary of IPCA is tendered. To the said Affidavit, copies of the orders passed by
the NCLT, Mumbai are annexed. Mr. Kamath affirms that IPCA accords
unconditional and irrevocable consent for withdrawal of the Suit in terms of the
SSP 1/2
4 s 2685 of 2011.doc
resolution. Mr. Kamath is present in Court. He submits that IPCA does not wish to
further prosecute the Suit.
5. In view of the aforesaid Affidavit and statement, the Suit stands disposed for want of prosecution.
6. Refund of Court Fees, if any, be made to IPCA as per rules.
( N.J.JAMADAR, J. )
SSP 2/2
Noble Explochem Ltd.
Meet Mercantile Pvt. Ltd.
Ipca Laboratories Limited (IPCA)
N.J. JAMADAR
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court