← Library
High Court for State of TelanganaCP/225/2015closed no costs

Emhart Glass Sa, Switzerland And Another v. Samyu Glass Pvt. Ltd., Hyd

2019-11-22Challa Kodanda Ram2 pages

THE HON' BLE SRI JUSTI CE CHALLA KODANDA RAM COMPANY PETI TI ON No.225 of 2015 ORDER:

This Company Petition is filed under Section 433(e), (f), 434(1)(a), 434(1)(c) and 439(1)(b) of the Companies Act, 1956, seeking winding up of respondent-company (M/s Samyu Glass Pvt. Limited). Heard Ms. K. Annapurna Reddy, learned counsel for the petitioners; and Sri T. Balamohan Reddy, learned counsel appearing for the respondent. It is a creditor's winding up petition. Evidence also recorded. At this stage, it is brought to the notice of the Court that CP(IB) No.153/7/HDB/2019, under Section 7 of IBC, 2016 r/w Rule 4 of I&B (AAA) Rules, 2016, is filed by the Financial Creditor (Andhra Bank, SCF Branch, Hyderabad), before the National Company Law Tribunal, Hyderabad Bench, and same is pending, and the Company Petition also stands admitted.

In those circumstances, giving liberty to the petitioners in this Company Petition to make claim before the Interim Resolution Professional (IRP), namely, Shri Sreenivasa Rao Ravinuthala, the company petition is closed. No costs. Miscellaneous petitions, if any pending, shall stand closed. _____________________ CHALLA KODANDA RAM, J 22nd November, 2019 KSM

cp_225_2015 CKR, J THE HON' BLE SRI JUSTI CE CHALLA KODANDA RAM COMPANY PETI TI ON No. 225 of 2015 22nd November, 2019 KSM