M/s.Shital Dealers Pvt.Ltd. Vs
Case brief
What is this about?
Court dispensed with convening of meeting of unsecured creditors based on filed CA certificate and directed filing of Company Petition within four weeks.
What did the court decide?
Dispensation with convening of meeting of unsecured creditors; direction to file Company Petition within four weeks.
What the court decided
Company Application No.1158 of 2016 T.S.SIVAGNANAM,J.
This is an application filed by the applicant/Transferor Company seeking to dispense with the convening of meeting of the Unsecured Creditors and for a direction for filing the Company Petition to the applicant Company.
- Heard the learned counsel for the applicant.
- On a perusal of the records, it is seen that the Chartered Accountant's Certificate of the applicant Company as regards the Unsecured Creditors has been filed, which is appended as Annexure "5" at page 74 of the Paper Book.
- Taking note of the same, this Court dispenses with the convening of the meeting of the Unsecured Creditors of the applicant/Transferor Company.
- The main Company Petition shall be presented within four weeks.
Aeb
12.12.2016
Parties & counsel
- applicant
Applicant/Transferor Company
Coram
T.S. Sivagnanam
Case details
As recorded by the court registry
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