Dismissed

M/S.Nilkamal Limited v. M/S.Arvind Remedies Limited

Madras HC26 Apr 2024CP/337/2016

Case brief

AI extract

What is this about?

The High Court of Madras dismissed a petition for winding up M/s.Arvin Remedies Limited, noting a prior order on 17.10.2016 already directed the winding up. The court granted liberty to the petitioner to file claims with the Official Liquidator.

What did the court decide?

Petition dismissed with liberty to the petitioner to file appropriate claims before the learned Official Liquidator.

M/S.Nilkamal Limited Vs M/S.Arvind Remedies Limited — Company and Corporate | Madras HC (2024)

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C.P.No.337 of 2016

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IN THE HIGH COURT OF JUDICATURE AT MADRAS

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DATED: 26.04.2024

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CORAM

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THE HON'BLE Mr. JUSTICE KRISHNAN RAMASAMY

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C.P.No.337 of 2016

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M/s.Nilkamal Limited, Rep by its Authorised Signatory, Mr.T.S.Subramanian, Having its Registered Office at, Survey No.354/2 & 354/3, Near Rakholi Bridge, Silvasa-Khanvel Road, Village Vasona, Silvasa, Dadra & Nagar Haveli.

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... Petitioner

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Vs.

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M/s.Arvind Remedies Limited, 190, Poonamallee High Road, Chennai 600 084.

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... Respondents

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Company Petition filed under Section 433(e) read with Section 434(1)(a) and 439(1)(b) of the Companies Act, 1956 to direct the respondent be wound up and to direct the Official Liquidator attached to this Hon'ble Court be appointed as Liquidator of the assets, properties, income and business of the respondent and also to order that the costs of the petition be provided for.

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https://www.mhc.tn.gov.in/judis

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C.P.No.337 of 2016

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For Petitioner : Mr.R.B.Rishab, for Mr.V.P.Raman For Respondents : No appearance

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ORDER

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This Company Petition has been filed under Section 433(e) read with Section 434(1)(a) and 439(1)(b) of the Companies Act, 1956 to direct the respondent be wound up and to direct the Official Liquidator attached to this Hon'ble Court be appointed as Liquidator of the assets, properties, income and business of the respondent and also to order that the costs of the petition be provided for.

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The learned counsel for the petitioner would submit that this Court has already passed an order dated 17.10.2016 in C.P.No.123 of 2016 to wound up the respondent-Company and hence, no further order is required in this petition. Therefore, he requests this Court to dismiss the present petition by granting liberty to the petitioner to file appropriate claim before the learned Official Liquidator.

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https://www.mhc.tn.gov.in/judis

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C.P.No.337 of 2016

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In view of the above submission, nothing survives in this Company

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petition. Hence, this Court is inclined to dismiss this petition. Accordingly, this Company Petition is dismissed with liberty to the petitioner to file appropriate claims before the learned Official Liquidator.

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26.04.2024

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Speaking/Non-speaking order Index : Yes / No Neutral Citation: Yes / No nsa

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https://www.mhc.tn.gov.in/judis

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C.P.No.337 of 2016

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KRISHNAN RAMASAMY.J., nsa

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C.P.No.337 of 2016

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26.04.2024 (2/3)

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4/4

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https://www.mhc.tn.gov.in/judis

M/S.Nilkamal Limited v. M/S.Arvind Remedies Limited

Case brief

What is this about?

What did the court decide?

M/S.Nilkamal Limited v. M/S.Arvind Remedies Limited

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

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Statutes considered

Parties & counsel

Coram

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