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Bombay High CourtCSD/848/2016disposed off

Qubix Business Park Pvt Ltd v. --

2016-10-27Hon'Ble Shri Justice A. K. Menon3 pages

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO 848 OF 2016 In the matter of Companies Act, 1956 (1 of 1956) (or re-enactment thereof upon effectiveness of the Companies Act, 2013);

And In the matter of Sections 100 to 104 of the Companies Act, 1956 (or applicable provisions of the Companies Act, 2013) And In the matter of Reduction of Share Capital of Qubix Business Park Private Limited Qubix Business Park Private Limited, ) a company incorporated under the ) provisions of Companies Act, 1956, ) having its registered office at ) Blueridge, Near Cognizant, Rajiv Gandhi ) Infotech Park Phase I, Hinjewadi, Pune, ...................Applicant Maharashtra - 411057 ) Called for Hearing Mr. Hemant Sethi i/b. Hemant Sethi & Co., Advocates for the Petitioner CORAM: A. K. Menon, J DATE: 27th October 2016 MINUTES OF THE ORDER

UPON the Application of above named Company by a Summons for Directions dated 21st Day of September, 2016 AND UPON HEARING Mr. Hemant Sethi, i/b Hemant Sethi & Co.

adversely affect the interest of any of the Applicant Company's creditors or the ordinary operations of the Applicant Company in the ordinary course of its business and that there is no compromise or arrangement with any of the creditors of the Applicant Company as there is no reduction in the amount payable to any of the creditors of the Applicant Company. In view of above, the procedure prescribed under Section 101(2) of the Companies Act, 1956 is dispensed with.

(A. K. Menon, J) CERTIFICATE I certify that this Order uploaded is a true and correct copy of original signed order.

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