High Court for State of TelanganaCP/79/2014closed no costs
The Hongkong And Shanghai Banking Corporation v. M/S. Aster Private Limited
2020-02-14Challa Kodanda Ram1 pages
THE HON'BLE SRI JUSTICE CHALLA KODANDA RAM COMPANY PETITON No. 79 of 2014 O R D E R :
It is represented by learned counsel for the petitioner that the respondent company is before the NCLT under the provisions of the Insolvency and Bankruptcy Code.
Though the Company Petition was admitted, the Official Liquidator had not taken charge as per the report of the Official Liquidator dated 28.11.2019.
In those circumstances, the Company Petition is closed by giving liberty to the petitioner to take necessary steps if so advised before the NCLT with respect of the respondent company. ____________________________ CHALLA KODANDA RAM, J 14th February 2020 ksld