First Virasat Realcon Pvt. Ltd. v. Sigrun Realities Limited And ANR

sg 1/2 coappl22-16.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPEAL (L) NO.22 OF 2016 IN COMPANY PETITION NO.162 OF 2016 First Virasat Realcon Pvt. Ltd.

...Appellant vs.

Sigrun Realities Limited And Anr.

...Respondents

.....

Mr. Gaurav Joshi, Senior Advocate, a/w. Mr. Ashish Parwani, Mr. Mayur Shetty and Mr. Archan Shah, i/b. Rajani Associates, for the Appellant. Mr. Chetan Kapadia, a/w. Mr. Srinivas Atreya and Ms. Nishita Nambiar, i/b. Indialaw for the Respondents.

.....

CORAM : S.C. GUPTE, J.

23 NOVEMBER, 2016 P.C. :

.

After the matter was heard at some length, the impugned order is substituted by the following order :

(i) The Registrar of Companies, Mumbai shall not make any uploading on its website with respect of the Appellant Company for a period of six weeks from today.

(ii) The NCLT shall consider the interim application after notice to the parties within a period of six weeks from today. In the event, for any reason, it is not possible for the NCLT to dispose of the interim application within six weeks, it shall consider whether or not to continue the protection granted by this order during the pendency of the interim application.

sg 2/2 coappl22-16.doc (iii) For a period of six weeks from today, none of the assets of the Appellant Company shall be disposed of.

(iv) There shall be no meeting of the Board of Directors of the Appellant Company from the period of six weeks from today. (S.C. Gupte, J.)