Overseas Polymers Pvt. Ltd. v. Chhaparia Industries Private Limited (Cin U74999mh1998ptc113055)

1/2 19.CP-331-2014.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.331 OF 2014 WITH COMPANY APPLICATION NO.381 OF 2014 WITH COMPANY APPLICATION NO.407 OF 2015 IN COMPANY PETITION NO.331 OF 2014 Overseas Polymers Pvt. Ltd.

....Petitioner Vs.

Chhaparia Industries Pvt. Ltd.

....Respondent ---- Ms. Brenelle Cardoz i/b. Mr. Prasad Das for petitioner. Ms. Shilpa Kapil for respondent.

---- CORAM : K.R.SHRIRAM, J.

DATE : 22nd JUNE, 2018 P.C.:

Ms. Kapil, counsel for respondent company tenders copy of an order delivered on 29th September 2017 by National Company Law Tribunal, Mumbai (NCLT). By this order, NCLT has considered an application filed under Section 30 (6) of the Insolvency and Bankruptcy Code, 2016 (IBC) filed by the Insolvency Resolution Professional (IRP) for submission of the resolution plan approved by the Committee of Creditors of the corporate debtor company under Section 30 (4) of IBC for approval of the NCLT to the resolution plan approved by the Committee of Creditors. The NCLT has favourably considered the application and has approved the resolution plan filed by IRP which had the blessings of the Committee of Creditors.

Gauri Gaekwad

2/2 19.CP-331-2014.doc In view thereof, this petition does not survive. Petition accordingly disposed with liberty to petitioner to take such steps to recover their dues as payable under the resolution plan approved by NCLT. In view of the above order, company application no.381 of 2014 and company application no.407 of 2015 also stand disposed. (K.R. SHRIRAM, J.) Gauri Gaekwad