The company petition was dismissed because the petitioner, despite being ordered to pay costs, chose not to adduce evidence and claimed lack of instructions, indicating a lack of interest in proceeding.
Costs of Rs.5,000 awarded to respondent No.1.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
THE HON'BLE SRI JUSTICE B.SESHASAYANA REDDY
Company Petition No.115 of 2010
3 0 th December, 2011
Between :-
Parthasarathi Art Printers (P) Ltd., Rep.by its Managing Director – J.B.Chenna Reddy
.. Petitioner
and
GKRP Chit Fund (A.P.) Pvt.Ltd., Rep.by its Managing Director – G.Kusudu And another .. Respondents
THE HON'BLE SRI JUSTICE B.SESHASAYANA REDDY
Company Petition No.115 of 2010
ORDER:-
Despite imposition of costs on the petitioner, he did not choose to adduce evidence.
Learned Counsel appearing for the petitioner submits that he has no instructions from the party.
It indicates that the petitioner is not interested in proceeding with the petition.
Accordingly, the Company Petition is dismissed with costs of Rs.5,000/- (Rupees Five thousand only) to the respondent No1.
B.Seshasayana Reddy, J 30th December, 2011 smr
Parthasarathi Art Printers (P) Ltd.
GKRP Chit Fund (A.P.) Pvt.Ltd.
B.Seshasayana Reddy
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
