Ifci Factors Ltd v. M/S Glodyne Ventures And Holding Private Limited

40.ca.789.2015.doc dik

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.789 OF 2015 IN COMPANY PETITION NO. 408 OF 2013 IFCI Factors Ltd.

...Applicant.

In the matter between MLJ Capital Services Ltd.

...Petitioner

vs M/s Glodyne Ventures & Holding Pvt. Ltd.

...Respondent.

.....

Ms Anubha Rastogi for the Applicant.

Ms Yogini Chauhan, Asstt. OL present.

.....

CORAM : S.C. GUPTE, J.

OCTOBER 08, 2015 P.C. :

This application seeks leave to file a suit for recovery against the company and others. The Applicant has a claim against the respondent company under a corporate loan agreement. There are also guarantors for this loan. The Applicant seeks to file a recovery suit, both against the company as the principal borrower and the guarantors on account of failure to repay the loan. The company application is allowed in terms of prayer clause (a). ( S.C.GUPTE J. ) Pg 1 of 2

40.ca.789.2015.doc CERTIFICATE Certified to be true and correct copy of the original signed Judgment/ Order.

Pg 2 of 2