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Bombay High CourtCA/376/2016disposed off

M/S Bhushan Power And Steel Pvt. Ltd. v. M/S. Max Energy Pvt. Ltd.

2017-10-05Hon'Ble Shri Justice K.R. Shriram1 pages

1/1 22.CA-376-2016.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.376 OF 2016 IN COMPANY PETITION NO.365 OF 2012 M/s. Bhushan Power and Steel Pvt. Ltd.

....Applicant Vs.

M/s. Max Energy Pvt. Ltd.

....Respondent ---- Ms. Nazneen S. Baig for applicant.

Mr. Kunal Chheda i/b. M.V. Kini and Co. for original petitioner. Mr. Mahendhar Aithe, Company Prosecutor for Official Liquidator present. ---- CORAM : K.R.SHRIRAM, J.

DATE : 5th OCTOBER, 2017 P.C.:

Heard the counsel for applicant.

Application is allowed and accordingly disposed in terms of prayer clause - (a).

Mr. Aithe, Company Prosecutor for Official Liquidator states that in any event there are no funds of the company in liquidation available with the Official Liquidator and therefore, even if applicant gets decree, there will be no money to pay to satisfy the decree. (K.R. SHRIRAM, J.) Gauri Gaekwad