M/S.Fugro Survey (India) v. Indian Gas Limited
Madras High Court – C.P.No.216 of 2012 – Winding up
Case brief
What is this about?
Fugro Survey (India) Pvt. Ltd. v. Indian Gas Limited; C.P.No.216 of 2012; High Court of Judicature at Madras; winding-up petition; Companies Act, 1956 Sections 433(e), 434(1)(a), 439(1)(b); petition dismissed as settled out of Court on 25.04.2025; admission order dated 07.09.2015 stayed on 15.12.2015; Official Liquidator appointed Provisional Liquidator; settlement aggregate Rs.3,30,00,000/- with final installment Rs.20,00,000/- by demand draft; no other creditor supported petition.
What did the court decide?
None; the winding-up relief sought was not granted and the petition was dismissed as settled out of Court. ¶19