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Madras High CourtCRL OP/325/2018disposed of

P.Vadivel (41), v. State Rep. By

2018-01-09Honourable Mr Justice A.D.Jagadish Chandira3 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORIGINAL JURISDICTION) Monday, the 9th day of April, 2018 THE HON'BLE MR.JUSTICE M.M.SUNDRESH COMP.APPLN.NO.325 OF 2018 IN COMP.PETN.NO.178 OF 2015 In the matter of the Companies Act, 1956 and In the matter of Gemini Industries Imaging Ltd. (in Provisional Liquidation) C.P.No.178/2015:

Dhanalaxmi Bank Ltd.

Having its registered office at Dhanalaxmi Building, Naickanal, Thrissur, Kerala 680 001 and Treasury department at 1st Floor, Plot No.6A, Western Express Highway, Goregaon East, Mumbai 400 063

...Petitioner

-VsGemini Industries & Imaging Ltd.

No.28, New Bangaru Colony, West KK Nagar, Chennai 600 078 ...Respondent C.A.No.854/2017 The Official Liquidator as the Liquidator of M/s.Gemini Industries and Imaging Limited (In Liquidation) ...Applicant C.A.No.325/2018 Jayapushpam Investments & Trading Pvt Ltd.

Nos.45 & 47, Arcot Road, Saligramam, Chennai 600 092.

Rep. by Director R.Shyamm Kumar ...Applicant Vs.

The Official Liquidator Madras High Court, as the Liquidator of M/s.Gemini Industries & Imaging Ltd. ...Respondent The Company Applicant praying this Court:

a)To extend the time for payment of Rs.19,18,400/- (Rupees Nineteen Lakhs Eighteen Thousand Four Hundred Only) by a period of two weeks.

The Company Application coming on this day before this Court, for hearing in the presence of Mr.Vineet Subramani, and of Mr.Bavisetty Sridhar, Deputy Official Liquidator High Court, Madras for the Respondent herein, and upon reading the Judge's Summons and Affidavit of R.Shyamm Kumar filed herein, the Court made the following order:- "Seeking extension of time for payment of Rs.19,18,400/- by a period of two weeks, the present application has been filed.

2.Considering the averments made in the supporting affidavit coupled with the fact that there was only one bidder, who is the applicant herein, this Court is inclined to extend the time for payment of Rs.19,18,400/- for a period of two weeks from today. The application is ordered accordingly".

WITNESS, The Hon'ble MS.INDIRA BANERJEE, The Chief Justice of Madras High Court, as aforesaid this the 9th day of April 2018.

Sd/- JOINT REGISTRAR(O.S) //Certified to be true copy// Dated at Madras this the day of 2018. COURT OFFICER(O.S.) From 25th Day of September 2008 the Registry is issuing certified copies of the Orders/Judgments/Decrees in this format.

TE-07/05/2018 COMP.APPLN.NO.325 OF 2018 IN COMP.PETN.NO.178 OF 2015 ORDER DATED:09/04/2018 THE HON'BLE MR.JUSTICE M.M.SUNDRESH FOR APPROVAL ON:10/05/2018 APPROVED ON:10/05/2018 T o:

The Official Liquidator, High Court, Madras.