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Bombay High CourtCA/459/2014withdrawn

The Regional Director, Employees State Ensurance Corporation v. The Official Liquidator Of New India Rayon Mills Co. Ltd. And ORS.

2015-02-13Hon'Ble Shri Justice S.J. Kathawalla1 pages

Nitin 950-CA-459-2014

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO. 459 OF 2014 IN COMPANY PETITION NO. 70 OF 1983 The Regional Director, Employees State Insurance Corporation ...

Applicant

IN THE MATTER BETWEEN :

M/s. Chemox Overseas Corporation ...

Petitioner

Versus

The OL of New India Rayon Mills Co.Ltd. & Ors. ...

Respondents Mr. S.S. Pathak for the Applicant.

Ms. Pratibha, Assistant OL, present.

CORAM : S.J. KATHAWALLA, J.

DATED : 13 TH FEBRUARY, 2015 P.C.

The New India Rayon Mills Company Limited (the Company) is out of liquidation. In view thereof, the above Application filed by the Applicant seeking directions against the Official Liquidator to readjudicate its claim will not survive. The learned Advocate appearing for the Applicant therefore seeks to withdraw the above Application with liberty to take out appropriate proceedings against the Company. The above Application is therefore disposed of as withdrawn with liberty as sought.

(S.J. KATHAWALLA, J.)