The High Court at Madras dismissed a company winding-up petition filed by KEI Industries Limited against G.E.T. Power Limited for non-prosecution due to lack of representation from either side.
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Company Petition No.302 of 2014
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 07.08.2023
CORAM:
THE HON'BLE MR. JUSTICE ABDUL QUDDHOSE
Company Petition No.302 of 2014
KEI Industries Limited A Listed Public Company incorporated under the Companies Act, 1956 having its Registered office at: D-90, Okhla Industrial Area Phase-I, New Delhi – 110020. Rep. by its Authorized Signatory Mr.Kishore Kunal ... Petitioner
Vs.
G.E.T. Power Limited, A Public Company incorporated under the Companies Act, 1956 having its Registered office at 11-a-17, 5th Cross Road, SIPCOT IT Park, Siruseri, Chennai – 603 103, Tamil Nadu. ... Respondent
Prayer : Company Petition filed under Sections 433(e), 434(1)(a) and 439(b) of the Companies Act, 1956, praying to wind up the respondent Company G .E.T. Power Limited, having office at 11-a-17, 5th Cross Road, SIPCOT IT Park, Siruseri, Chennai – 603 103, Tamil
Company Petition No.302 of 2014
Nadu, under the provisions of the Companies Act, 1956, to appoint an Official Liquidator as the Liquidator of the assets, properties, income and business of the respondent Company viz. G.E.T. Power Limited, having office at 11-a-17, 5th Cross Road, SIPCOT IT Park, Siruseri, Chennai – 603 103, Tamil Nadu with all powers under the provisions of the Companies Act, 1956 including the power to take possession of all affairs, assets, management, books, papers and vouchers and to pay the cost.
For petitioner : No appearance For respondent : No appearance
ORDER
Today, the matter is listed under the caption 'for dismissal'.
2. There is no representation on the side of the petitioner as well
as the respondent. Even on the last hearing date i.e. on 31.07.2023, there was no representation on behalf of the petitioner.
Company Petition No.302 of 2014
3. Therefore, it can now be inferred that the petitioner is not interested in prosecuting this petition. Accordingly, this Company Petition is dismissed for non-prosecution.
07.08.2023
Index: Yes/ No Speaking/Non-speaking order Internet: Yes/No Sni
To
G.E.T. Power Limited, 11-a-17, 5th Cross Road, SIPCOT IT Park, Siruseri, Chennai – 603 103, Tamil Nadu.
Company Petition No.302 of 2014
ABDUL QUDDHOSE, J.
Sni
Company Petition No.302 of 2014
07.08.2023
KEI Industries Limited
G.E.T. Power Limited
Abdul Qud Howe
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
