Ifci Limited v. Abg International Private Limited

1/2 24.CA-138-2018.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.138 OF 2018 IN COMPANY PETITION NO.740 OF 2014 IFCI Limited ....Applicant/Petitioner Vs.

ABG International Pvt. Ltd.

....Respondent ---- Mr. Zal Andhyarujina a/w. Mr. Hemant Prabhulkar and Ms. Smita Bhosale i/b. Jurisperitus Mumbai for applicant/petitioner. Mr. Ayush Agarwal i/b. Khaitan and Co. for respondent. ---- CORAM : K.R.SHRIRAM, J.

DATE : 8th JUNE, 2018 P.C.:

Heard Mr. Andhyarujina, counsel for applicant and also considered the affidavit in support.

For reasons mentioned therein, application is allowed and accordingly disposed in terms of prayer clause - (a). Petition restored to file. The company has been ordered to be wound up by an order dated 5th January 2018 passed in company petition no.667 of 2015. Therefore, this petition stands disposed with liberty to petitioner to lodge their proof of debt with Official Liquidator, who shall consider the same in accordance with law.

If the order dated 5th January 2018 in company petition no.667 of 2015 winding up respondent company - ABG International Pvt. Ltd. is Gauri Gaekwad

2/2 24.CA-138-2018.doc recalled or set aside in appeal, liberty is given to petitioner to revive this petition and move once again for necessary orders including winding up of respondent company.

(K.R. SHRIRAM, J.) Gauri Gaekwad