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High Court of DelhiCO.PET./267/2016

Ashok Sethia v. Alliance Nirmaan Ltd.

2018-09-20Hon'Ble Mr. Justice Jayant Nath1 pages

$~CP-25 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ CO.PET. 267/2016 ASHOK SETHIA ..... Petitioner Through versus ALLIANCE NIRMAAN LTD.

..... Respondent Through Mr.Arjun Nanda and Ms.Shreya Nair, Advs.for Manasvi Security Mr.Vikram Jit Saini, Adv. for applicant in CA 865/2018 Mr.Deepak Anand,Adv. for OL

CORAM:

HON'BLE MR. JUSTICE JAYANT NATH

O R D E R

% 20.09.2018 Learned counsel for the respondent states that in compliance of order of this court dated 23.5.2018 additional expenses of Rs.7,10,879/- shall be paid to the OL on account of security expenses within six weeks from today. Let the respondent ensure the needful. In the meantime let the OL release a sum of Rs.5,99,630/- to the Manasvi Security Services within six weeks.

Petition stands disposed of. Liberty is granted to the Manasvi Security Services to approach this court in case there is a default in payment of its dues by the respondent company seeking revival of the appointment of the OL as the provisional Liquidator. All pending applications, if any, also stand disposed of.

JAYANT NATH, J SEPTEMBER 20, 2018 n