Sun Pharma Labouratories v. Vasan Health Care Pvt.Ltd.
Case brief
What is this about?
In a winding up petition under the Companies Act, 1956 filed by Sun Pharma Laboratories Ltd., the court closed the proceeding as the petitioner admitted a claim before the Resolution Professional appointed by the NCLT.
What did the court decide?
Company petition and applications closed; petitioner directed to prosecute claim before Resolution Professional appointed by NCLT.
What the court decided
1
IN THE HIGH COURT OF JUDICATURE AT MADRAS
(ORIGINAL JURISDICTION)
FRIDAY, THE 23rd DAY OF JULY, 2021
THE HON'BLE MR.JUSTICE R.SUBRAMANIAN
Comp.Petn. No.370 of 2016 and
Comp.A.Nos.976 & 977/2016 & 411/2019
In the matter of Section 433 and 434 of the Companies Act 1956
and
In the matter of Winding up of VASAN HEALTHCARE PVT LTD a Company incorporated under the Companies Act, 1956 having its registered office at No.70, Dr. Radhakrishnan Salai, Westminister Complex, Mylapore, Chennai
Sun Pharma Laboratories Ltd., A company registered under the Companies Act 1956, having its registered office at Sun House, Plot No.201,B/I, Western Express Highway, Goregaon(East), Mumbai 400 063 represented by its authorized signatory Mrs. Radha Kumar ... Petitioner in CP.No.370/2016
Issues for consideration
1 issue framed by the court
Whether the winding up petition against Vasan Healthcare Pvt Ltd. can be closed since the petitioner has admitted a claim before the Resolution Professional.
Parties & counsel
- appellant
Sun Pharma Laboratories Ltd.
- respondent
Vasan Healthcare Pvt Ltd.
Coram
R. Subramaniam
Case details
As recorded by the court registry
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