State Trading Corporation Of India Ltd. v. Rajat Pharmachem Ltd. And Another

YBG calod731-15

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL JURISDICTION COMPANY APPLICATION LOD.731 OF 2015 State Trading Corporation of India Ltd.

..

Applicant

Versus

Rajat Pharmachem Ltd. & Anr.

..

Respondents Mr.Sanjeev Punalkar with Madhur Rai i/b. PRS Legal for applicant Mr.S. Ramakantha, O.L. present with Ms.Chauhan Asstt. O.L.

CORAM

:

S.C.GUPTE, J.

DATE :

30th th October 2015 P.C.

1] This application seeks leave under section 446 of the Companies Act, 1956 for continuation of a suit pending before the Delhi High Court against the company in liquidation. The application is allowed in terms of prayer clause (b).

( S.C.GUPTE, J.)