Court dismissed a winding up petition filed under the Companies Act, 1956, as withdrawn by the petitioner. Consequently, the connected company application for additional respondent was also dismissed as it could not survive.
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NC: 2023:KHC:36437 COP No. 41 of 2014 C/W. CA No.954 of 2015
IN THE HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE 4TH DAY OF OCTOBER, 2023
BEFORE
THE HON'BLE MR JUSTICE M.I.ARUN
COMPANY PETITION NO.41 OF 2014
C/W.
COMPANY APPLICATION NO.954 OF 2015
IN COMPANY PETITION NO.41 OF 2014:
BETWEEN:
REPRESENTED BY ITS AUTHORISSED
NO.4A/14, CHIKKA ADUGODI NEW EXTENSION THAVAREKERE MAIN ROAD
Digitally signed by V MANJUSHA BAI
Location: High Court of Karnataka
BANGALORE-560 029.
(BY SRI NIDHISHREE B.V., ADVOCATE)
AND:
…PETITIONER
REPRESENTED BY ITS MANAGING DIRECTOR.
…RESPONDENT
(BY SRI JANARDHAN G., ADVOCATE)
NC: 2023:KHC:36437 COP No. 41 of 2014 C/W.
CA No.954 of 2015
THIS COMPANY PETITION IS FILED UNDER SECTIONS 433[e] & [f] READ WITH SECTION 434 OF THE COMPANIES ACT, 1956, PRAYING TO WIND UP THE RESPONDENT-M/S. FALCON TYRES LIMITED, HAVING ITS REGISTERED OFFICE AT KRS ROAD, METAGALLI, MYSORE-570 016, IN ACCORDANCE WITH THE PROVISIONS OF THE COMPANIES ACT, 1956 AND GRANT SUCH OTHER AND FURTHER RELIEFS AS ARE JUST.
IN COMPANY APPLICATION NO.954 OF 2015:
BETWEEN:
…APPLICANT
(BY SRI CLIFTON D. ROZARIO, ADVOCATE)
AND:
IMPLEADING APPLICANT:
FALCON TYRES EMPLOYEES UNION ® REG.NO.MYS 127/76 HAVING ITS REGISTERED ADDRESS AT M/S. FALCON TYRES LTD. K.R.S. ROAD, METAGALLI POST, MYSORE-570 016, REPRESENTED BY ITS
GENERAL SECRETARY SHRI. NANJUNDASWAMY.
…RESPONDENT
(BY SRI JANARDHAN G., ADVOCATE)
THIS COMPANY APPLICATION IS FILED UNDER RULES 6 AND 9 OF THE COMPANIES (COURT) RULES, 1959 READ WITH ORDER 1 RULE 10 AND SECTION 151 OF THE CODE OF CIVIL PROCEDURE, PRAYING TO PERMIT THEM TO COME ON RECORD AS AN ADDITIONAL RESPONDENT IN THE ABOVE CASE IN THE INTEREST OF JUSTICE AND EQUITY.
THIS COMPANY PETITION CONNECTED WITH COMPANY APPLICATION COMING ON FOR ADMISSION, THROUGH PHYSICAL HEARING/VIDEO CONFERENCING THIS DAY, THE COURT MADE THE FOLLOWING:
ORDER
NC: 2023:KHC:36437 COP No. 41 of 2014 C/W. CA No.954 of 2015
survive for consideration and it is accordingly dismissed .
SD/JUDGE
VMB
2 provisions across 2 enactments
M/s Sterling and Wilson Ltd.
M/s Falcon Tyres Limited
M.I.Arun
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
