Asset Reconstruction Company (India) Limited (Arcil), v. M/s Prisma Home Appliances Pvt. Limited (In Liquidation)
Case brief
What is this about?
This company application sought to substitute the applicant in place of respondent No.2 in Company Petition No.81 of 1996. The court allowed the application subject to the applicant filing specific documents including Forms-8, 13, and the original assignment deed.
What did the court decide?
The Company Application was ordered, subject to the applicant filing the required documents, including Forms-8, 13 and the original assignment deed.