Dismissed
M/S Agarwal Coal Corporation Pvt. Ltd. v. Rathi Steel and Power Ltd.
Delhi HCCO.PET./98/2015
Case brief
AI extract
What is this about?
Allowed the petitioner's application to suspend winding up proceedings as the respondent's reference under the Sick Industrial Companies Act, 1985 has been registered. The court allowed the petitioner to await the proceedings or seek BIFR consent.
What did the court decide?
Petition disposed; petitioner to obtain BIFR consent or await conclusion of SICA proceedings before reviving the petition.