Canara Bank v. Mikado Textiles Industries Ltd.

6 CA-156-2019.doc Tandle

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO. 156 OF 2019 IN COMPANY PETITION NO. 538 OF 1997 Canara Bank ... Applicant In the matter between :- Budhrani Finance Limited ... Petitioner

Versus

Mikado Textiles Industries Ltd.

... Respondent . . . . . .

Mr. Rajshekhar Upadhyaya i/b Dave and Girish and Co. for Applicant.

Mr. Sualeh Nagvadaria for Respondent.

Mr. Mahendhar Aithe, Company Prosecutor present. . . . . . .

CORAM : K. R. SHRIRAM, J.

DATE : 5TH SEPTEMBER, 2019.

P. C. :

1.

Mr. Nagvadaria for Respondent states that there were three petitions which have been filed against M/s Mikado Textiles Industries Limited.

2.

Mr. Upadhyaya for Applicant states that all the three petitions against M/s Mikado Textiles Industries Limited do not survive. There are orders to the effect that the three petitions that were filed by three creditors against Respondent have been disposed. Therefore, it does not appear that, the Respondent Company is in liquidation.

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6 CA-156-2019.doc 3.

This Company Application, therefore, does not survive. Hence stands disposed.

(K. R. SHRIRAM, J.) 2/2