Execution petition for unsecured decree holder against judgment debtor in winding up disposed. Decree holder granted liberty to either obtain permission to revive execution or file claim proceedings with Official Liquidator.
Liberty to decree holder to either revive execution or file claim before Official Liquidator.
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M/S SIEMENS LIMITED
..... Decree Holder
Through: Mr. Sharad Malhotra, Adv.
versus
M/S. BHASIN ASSOCIATES LTD ..... Judgement Debtor Through
CORAM: HON'BLE MR. JUSTICE VALMIKI J. MEHTA O R D E R % 18.04.2016
Decree holder is an unsecured creditor. Judgement debtor-company is
in winding up. Accordingly, this execution petition is disposed of for the
time being with liberty to the decree holder either to revive the same on the
permission being granted by the company or to file appropriate claim proceedings before the Official Liquidator.
VALMIKI J. MEHTA, J
APRIL 18, 2016 ib
M/s Siemens Limited
M/s. Bhasin Associates Ltd
Valmi J. Mehta
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
