Mechelonic Engineers Pvt. Ltd. v. Brown Kraft Industrie Ltd..

1/2 11.CP636.04

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.636 OF 2004 WITH COMPANY PETITION NO.639 OF 2004 Mechelonic Engineers Pvt. Ltd.

)....Petitioners V/s.

Brown Kraft Industries Ltd.

)....Respondent ---- Ms.Swati Sutar i/by M/s.Dhru and Co. for petitioners. Mr.Ashish Pyasi @ Mr.P.Khaitan and Mr.Ashlesha Raut i/by Dhir & Dhir for Resolution Professional appointed for respondentcompany. ---- CORAM : K.R.SHRIRAM,J DATE : 29.6.2018 P.C.:- Mr.Ashish Pyasi for the Resolution Professional Manoj Saigal undertakes to file Vakalatnama within one week from today. Undertaking accepted.

Mr.Pyasi states that in compliance with the order dated 22.6.2018 the Resolution Professional Manoj Saigal has affirmed an affidavit dated 28.6.2018 and tenders the same. The affidavit is taken on record. Mr.Pyasi states that the Resolution Professional on the advise of the Committee of Creditors has recommended liquidation of the company.

At this stage, Ms.Swati Sutar for petitioners states that their KJ

2/2 11.CP636.04 claims have been settled by the directors of the company long ago and petitioners do not wish to prosecute the petitions. Ms.Sutar states that petition after admission was not advertised. Statement accepted. Both the petitions dismissed as withdrawn.

(K.R.SHRIRAM,J) KJ