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Bombay High CourtCSD/689/2016

Candor Gurgaon Two Developers And Projects Pvt. Ltd. v. -

2016-08-05Hon'Ble Shri Justice B.P. Colabawalla3 pages

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO. 689 OF 2016 In the matter of the Companies Act, 1956 (1 of 1956) (or re-enactment thereof upon effectiveness of Companies Act, 2013);

AND In the matter of 100 to 104 of the Companies Act, 1956;

read with Section 52 of the Companies Act, AND In the matter of Reduction of Equity Share Capital of Candor Gurgaon Two Developers & Projects Private Limited CANDOR GURGAON TWO ) DEVELOPERS & PROJECTS PRIVATE ) LIMITED, a company incorporated under ) the Companies Act, 1956 and having its ) registered address at 1102, 11th Floor, ) Tower B, Peninsula Business Park, ) Senapati Bapat Road, Lower Parel, ) Mumbai - 400 013 )........ Applicant Company Called Summons for Direction for hearing Mr. Hemant Sethi with Mr. Ajit Singh Tawar i/b. Hemant Sethi & Co., Advocates for the Applicant.

Coram: B. P. Colabawalla, J Date: 5th August , 2016 MINUTES OF THE ORDER

UPON the application of the Applicant Company above named by a Summons for Directions AND UPON HEARING Mr. Hemant Sethi instructed by Hemant Sethi & Co., Advocates for the Applicant Company, AND UPON READING the Affidavit dated 29th day of June, 2016 of Mr.

Reduction of Share Capital would not in any way adversely affect the interests of any of the Applicant's Unsecured Creditors or the ordinary operations of the Applicant or the ability of the Applicant to honour its debts in the ordinary course of business. In view of the above, the procedure prescribed under Section 101(2) of the Companies Act, 1956 is dispensed with.

(B. P. Colabawalla, J.) CERTIFICATE I certify that this Order uploaded is a true and correct copy of original signed order.

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