Aditya Developers Corporation And ANR v. Gandhinagar Electronics Ltd. (In Liquidation) And ANR

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INTERIM APPLICATION (L) NO. 2293 OF 2021 IN OFFICIAL LIQUIDATOR REPORT NO. 370 OF 2016 Aditya Developers Corporation and Anr.

....Applicants In The Matter Between Board of Industrial And Financial Reconstruction ....Petitioner V/s.

Gandhinagar Electronics Ltd.

(In Liquidation) and Anr.

....Respondents ALONGWITH COMPANY APPLICATION NO. 271 OF 2017 IN COMPANY PETITION NO. 1126 OF 2001 Aditya Developers Corporation and Anr.

....Applicants V/s.

Gandhinagar Electronics Ltd.

(In Liquidation) and Anr.

....Respondents ---- Mr. Ruchir Tolat i/b Vishal Acharya for Applicants. Mr. Yogendra Rajgor i/b Legal Chartered for Respondent No. 3. Mr. Mahendhar Aithe, Company Prosecutor present. ---- CORAM : K.R.SHRIRAM, J.

DATED : 9th MARCH 2021.

P.C. :

1.

Mr. Rajgor at the outset undertakes to file vakalatnama for GIDC/Respondent No.3within two weeks. Mr. Tolat states that affidavit in Purti Parab

2/2 37-IAL-2293-2021.doc reply is ready and therefore seeks time to get it affirmed. Affidavit in reply of Respondent No.3 to be affirmed and copy served within two weeks from today. Rejoinder, if any, within two weeks thereafter. 2.

Mr. Aithe states that applicant's affidavit of proof of debt shall be considered in accordance with law but applicant cannot take a stand that he should be treated as secured creditor or as unsecured creditor. I agree with Mr. Aithe.

3.

Stand over to 20th April, 2021.

(K.R. SHRIRAM, J.) Purti Parab