Kahan Jewelry Corporation v. The Official Liquidator Of Classic Diamonds (India) Ltd

915.cal.606.2017.cp.317.2012.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION (LODG.) NO. 606 OF 2017 IN COMPANY PETITION NO. 317 OF 2012 Kahan Jewelery Corporation .. Applicant In the matter between :

ICICI Bank Ltd.

.. Petitioner Vs.

Official Liquidator, High Court, Bombay appointed as Liquidator of Classic Diamonds (India) Ltd.

.. Respondent Mr. Ankit Lohiya a/w. Ms. Krishi Barfiwala i/b ALMT Legal for applicant. Mr. Aditya Sikka i/b Cyril Amarchand Mangaldas for petitioner. Mr. Mahendhar Aithe, company prosecutor for official liquidator. CORAM : K.R.SHRIRAM, J.

DATE : 19TH DECEMBER 2017 P.C.

This application is for leave under Section 446 of the Companies Act, 1956 to proceed with commercial suit No. 14 of 2009 pending in this Court. Mr.Sikka appearing for original petitioner and Mr. Aithe, company prosecutor for official liquidator leave it to the Court. Having considered the affidavit in support and heard the official liquidator, I am allowing the application in terms of prayer clauses (a). Company Application disposed accordingly.

(K.R. SHRIRAM, J.) Shraddha Talekar PS 1/1