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Bombay High CourtMCA/477/2023disposed of

Malco Energy Ltd Thr. Auth. Rep. Sumit Gupta v. The Chief Engineer Electricity Department, Govt. Of Goa And 5 ORS

2023-10-16Hon'Ble Shri Justice M. S. Sonak,Hon'Ble Shri Justice Bharat P. Deshpande3 pages

Meena

IN THE HIGH COURT OF BOMBAY AT GOA

MISC. CIVIL APPLICATION NO.477 OF 2023 IN WRIT PETITION NO.625 OF 2022 MALCO ENERGY LTD THR. AUTH. REP.

SUMIT GUPTA VS THE CHIEF ENGINEER ELECTRICITY DEPARTMENT, GOVT. OF GOA AND 5 ORS ...Applicant

...Respondents

Mr. Abhijit Gosavi with Mr. Gurudas Naik, Advocates for the Applicant.

Mr. Deep Shirodkar, Additional Government Advocate for Respondent Nos.1 ,2 and 3.

Mr. Pravin Faldessai, Deputy Solicitor General of India for RespondentNos.4 and 5.

Mr. T. Sequeira, Advocate for Respondent No.6. CORAM: M.S. SONAK & BHARAT P. DESHPANDE,JJ.

DATE:

16th OCTOBER,2023 P.C.:

1.

2.

₹5,75,81,897/-.

3.

₹5,75,81,897/- based upon which reconnection was also granted. 4.

₹3,29,18,042/- towards electricity charges owed by the previous party/corporate debtor under the Insolvency and Bankruptcy Code, 2016(Code). Accordingly, this application seeks a variation of our orders to scale down the Bank Guarantee amount. 5.

₹2,46,63,855/-.

6.

7.

₹2,46,63,855/- instead of the entire amount covered by the present Bank Guarantee.

8.

BHARAT P. DESHPANDE,J.

M. S. SONAK, J.

MEENA VISHAL BHOIR VISHAL BHOIR Date: 2023.10.18 11:12:51 +05'30'