Ifci Factors Ltd v. Multi Flex Lami Print Ltd. (Cin U22219mh1991plc060717)

42.ca.791.2015.doc dik

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.791 OF 2015 IN COMPANY PETITION NO. 700 OF 2014 IFCI Factors Ltd.

...Applicant.

In the matter between Borouge Pte. Ltd.

...Petitioner

vs Multi Flex Lami Print 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 institute a suit for recovery of a money claim 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 a 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

42.ca.791.2015.doc CERTIFICATE Certified to be true and correct copy of the original signed Judgment/ Order.

Pg 2 of 2