Narayan Powertech Pvt Ltd v. Pristine Switchgears India Pvt. Ltd. And The Official Liquidator

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.367 OF 2018 IN COMPANY PETITION NO.906 OF 2014 Narayan Powertech Pvt. Ltd.

)....Applicant

IN THE MATTER BETWEEN :

Amit Mittal, Proprietor of M/s.Shyam Udyag)....Petitioner V/s.

Pristine Switchgears (India) Pvt. Ltd. & Anr.)....Respondents ---- Mr.Tushar Gujjar a/w Mr.Deepak Singh I/by Solicis Lex for the applicant.

[Mr.Mahendhar Aithe-Company Prosecutor for OL present]. ---- CORAM : K.R.SHRIRAM,J DATE : 26.7.2018 P.C.:- 1.

Mr.Gujjar for the applicant states that the applicant is ready and willing to pay the legal expenses of the Official Liquidator in defending the suit.

In view of the statement made, leave under Section 446 of the Companies Act 1956, to continue and proceed with Commercial Suit No.181 of 2016 pending before the Commercial Court at Vadodara against respondent no.1, is granted. KJ

2/2 905.CA367.18.doc Applicant to deposit sum of Rs.2,00,000/- adhoc with the Official Liquidator and this amount to be deposited within one week from today. The order not to take effect unless this amount is paid. (K.R.SHRIRAM,J) Jahagirdar Kiran Ganesh Jahagirdar Kiran Ganesh Date: 2018.07.27 11:17:32 +0530 KJ