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High Court of DelhiCO.PET./773/2015

Lg Electronics India Pvt. Ltd. & ANR. v. Precious Hospitality & Leisure Private Limited

2024-12-12Hon'Ble Ms. Justice Neena Bansal Krishna1 pages

$~C-7 *

IN THE HIGH COURT OF DELHI AT NEW DELHI

+ CO.PET. 773/2015 LG ELECTRONICS INDIA PVT. LTD. & ANR.

.....Petitioners Through:

Mr. Preet Pal Singh, Ms. Tanupreet Kaur, Ms. Akanksha Singh, Mr. Yash Saini, Advocates.

versus PRECIOUS HOSPITALITY & LEISURE PRIVATE LIMITED .....Respondent Through:

None

CORAM:

HON'BLE MS. JUSTICE NEENA BANSAL KRISHNA

O R D E R

% 12.12.2024 1.

The present matter is a non-starter and the Provisional Liquidator has yet not been appointed.

2.

In view of the decision of the Apex Court in Action Ispat and Power Pvt. Ltd. vs. Shyam Metalics and Energy Ltd. (2021) 2 SCC 641, the matter be transferred to NCLT, Delhi.

3.

The Company Petition is disposed of.

4.

The Record be forwarded to the Registrar, NCLT, who may thereafter issue Notice to the parties and to proceed, in accordance with law. NEENA BANSAL KRISHNA, J DECEMBER 12, 2024/RS The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 18/12/2024 at 11:37:10