← Library
Madras High CourtCOMP.A/82/2022ordered

M/S.Sharon Solutions Ltd, Represented By Its Director/Authorized Signatory Uma Maheswari, v. Ifci Venture Capital Funds Ltd, Rep.By Its Authorised Signatory

2022-06-24Honourable Mr Justice M. Sundar2 pages

Comp.Application No.82 of 2022 in C.P. No.14 of 2014 Comp.Application No.82 of 2022 in C.P. No.14 of 2014 M.SUNDAR.,J Captioned application has been taken out by 'Sharon Solutions Limited' [hereinafter 'said Company' for the sake of convenience] which is sought to be wound up in the main Company Petition i.e., 'C.P.No.14 of 2014' [hereinafter 'main CP' for the sake of convenience] at the instance of a petitioning creditor.

2. Applicant is now making a prayer to change the status of the applicant Company from 'Under Liquidation' to 'Active' pending disposal of the present Company Petition. This prayer is resisted by the petitioning creditor but that is a matter which has to be gone into when the other application and/or main Company Petition is taken up.

3. Be that as it may, as regards the implead prayer, Mr.R.Rajesh Vivekananthan, learned counsel who is before this Court, accepts notice on behalf of the 'Registrar of Companies' ['ROC'], Chennai. Learned counsel submits that he is not opposing the implead prayer. Mr.Jayesh B. Dolia, 1/2 https://www.mhc.tn.gov.in/judis

Comp.Application No.82 of 2022 in C.P. No.14 of 2014 M.SUNDAR.J., gpa learned counsel for first respondent submits that so is the case with the petitioning creditor who is first respondent in the implead application.

4. Captioned application ordered as prayed for. Necessary and consequential amendments to be carried out in the case file within a fortnight from today i.e., on or before 08.07.2022. Amended copies to be furnished to all concerned within one week therefrom i.e., by 15.07.2022. Captioned application ordered as prayed for.

24.06.2022 (1/2) gpa Comp.Application No.82 of 2022 in C.P. No.14 of 2014 2/2 https://www.mhc.tn.gov.in/judis