P.V.Kulkarni v. The Official Liquidator,
IN THE HIGH COURT OF JUDICATURE AT MADRAS
Dated : 19.09.2016
CORAM
THE HONOURABLE MR.JUSTICE RAJIV SHAKDHER COM.APEL.NO. 2 OF 2016 and CMP.No.6518 of 2016 1 FINANCIAL TECHNOLOGIES INDIA LIMITED SHAKTI TOWER - 1, 7th FLOOR, PREMISES E 766, ANNA SALAI THOUSAND LIGHTS CHENNAI Vs 1 UNION OF INDIA MINISTRY OF CORPORATE AFFAIRS SHASTRI BHAWAN NEW DELHI 110 001 2 SHRI JIGNESH PRAKASH SHAH R-SQUARE CTS NO.547 PLOT NO.29 JAIHIND SOC, NS RD NO.12 JVPD SCHEME VILE PARLE (W) MUMBAI 400 049 3 SHRI DEWANG SUNDERRAJ NERALLA 501 RAMESHWARAN KASHINATH THURU ROAD PALKIWADI DADAR MUMBAI 400 028 4 SHRI MANJAY PRAKASH SHAH B-1/102 1ST FLR KAMLA NGR M.G.RD KANDIVALI WEST MUMBAI 400 067 5 SHRI VENKAT CHARY TAHITI JUHU VERSOVA LINK RD ANDHERI W MUMBAI 400 053 6 SHRI RAJAN JODHRAJ KOCHAR 501-507 PALM COURT COMPLEX EAR GOREGAON SPORTS COMPLEX LINK RD MALAD (W ) MUMBAI 400 064
7 SHRI ACHUDANARAYANAN NAGARAJAN 177 DEFENCE COLONY EEKKATUTHANGAL CHENNAI 32 8 SHRI RAJENDRAN SOUNDARAM 603 1AD NESTLE APPARTMENT PB MARG WORLI MUMBAI 400 013 9 SHRI DEVENDRA KUMAR AGRAWAL 1601 CTS -171/1A/33 BLDG 4 SAPPHIRE HEIGHTS LOKHANDWALA TOWNSHIP AKURLI RD KANDIVALI E MUMBAI 10 SHRI BERJIS MINOO DESAI YEZERINA II RD NO.5 74/741 DADAR PARSSI COLNY DADAR MUMBAI.
11 SHRI ANIL CHANDANMAL SINGHVI 131A TWIN TOWERS VEER SAVARKAR MARG PRABHADEVI MUMBAI 12 SHRI MITEN NARENDRA MEHTA 1202 12TH FLR SHRI JAMNAGAR CHSL GULMOHAR RD NO.11 JUHU SCHEME MUMBAI.
13 MS.NISHA DUTT PLOT NO.53 MITHILINAGAR RD NO.11 BANJARA HILLS HYDERABAD 14 SHRI SUNIL HASMUKHLAL SHAH A/5 KAILASH APPTS NEAR OLD SHARDA MANDIR CROSSING ELLIBRIDGE AHMEDABAD 15 SHRI PRASHANT DESAI 41 ELGIN RD 5F NEELKAMAL KOLKATTA 16 SHRI JIGISH SHANTILAL SONAGARA 702 7TH FLR UMANG NEAR TELEPHONE EXCH P.M. RD VILLE PARLE E MUMBAI 17 SHRI RAJENDRA MADANMAL MEHTA A-1802 ROYAL RESIDENCY LAL BAG INDUSTRIAL ESTATE MUMBAI.
18 SHRI HARIRAJ CHOUHAN BLDG 8 FLAT NO.14 VIJAYANAGARI CHSL GHODBANDAR RD THANE W MUMBAI.
19. SHRI CHANDRASEKHAR SUBRAMANIAM EVERST RESIDENCY 302 PARK RD VILE PALE E MUMBAI 20 SHRI RAVI KANAIYALAL SHETH 12-B MANEK 11 L.D.RUPAREL MARG MUMBAI 21 SHRI PANDURANG GHANASHAM KAKODKAR 6 PALM GROVE BEHIND HOTEL GOA INTERNATIONAL TONCA PANAJI GOA 22 SHRI NAISHADH DESAI 402 4TH FLR GANGA NIWS SIR P.M.RD VILE PARLE E MUMBAI.
23 SHRI RAMANATHAN DEVARAJAN A-106 GNDECHA ALTURA OPP ST XAVIER SHCOOL LBS MARG KANJUR MARG W MUMBAI.
24 SHRI CHANDRAKANT UTTAMCHAND KAMDAR 302 MERMAID CHS LTD JUHU TARA RD JUHU MUMBAI 25 SHRI CHAITAN MANBHAI MANIAR GARDEN HOUSE FIRST FLR CHOWPATTY BANDSTAND DADYSETH 2ND CROSS LANE MUMBAI 26 SHRI RAMACHANDRA BARPANDE SAUBHAGYA SOCIETY BLOCK 51 5TH FLR A WING JEEVANN VIKAS KENDRA MARG ANDHRI E MUMBAI 27 SHRI BALASUBRAMANIAN NAGARAJAN 71 BELMONTE TOWERS MOGUL LANE MAHIM WEST MUMBAI 28 SHR CHANDRAN THUMPARAMBIL NAIR FLAT NO.201 2ND FLR PREETI CHS C WING KANTI NGR LAYOUT J.B.NGR ANDHERI E MUMBAI 29 NATIONAL SPOT EXCHANGE LTD FT TOWR CTS NO.256 & 257 4TH FLR SUREN RD CHAKALA ANDHERI EAST MUMBAI ..
Respondents * * * Prayer : Company Appeal has been filed to set aside the impugned order dated April 5, 2016 passed in Company Application No.116 of
2016 in C.P.No.1 of 2015 by the Hon`ble CLB, Principal Bench at New Delhi by staying the Company Petition No.1 of 2015, till the hearing and final disposal of Writ Petition No.2743 of 2014 and Suit No.221 of 2014; Suit No.991 of 2013; Suit No.121 of 2014; Suit No.173 of 2014 pending before the Hon`ble Bombay High Court, and also restrain the Original Petitioner from proceeding with the said Company Petition in terms of Prayer Clauses 17.1 (a), (d) and / or 18.2 (a), (f) of the Company Petition No.1 of 2015 till the hearing and final disposal of writ Petition No.2743 of 2014 and Suit No.221 of 2014; Suit No.991 of 2013; Suit No.121 of 2014; (iv) Suit No.173 of 2014 pending before the Hon`ble Bombay High Court.
* * * For Petitioner : Mr.R.M.Murari For R1 : Mr.Shri Navin Chawla for M/s. Dr.D.Simon, CGSC For R5 : Mr. P.S.Raman, Senior Counsel for Mr.Raj Jhabakh For R6 : Mr. P.H. Arvind Pandian, Senior Counsel for Mr.Kumarpal R.Chopra
J U D G M E N T
1. Mr.R.M.Murari, the learned counsel for the petitioner, seeks to withdraw the appeal and the accompanying application.
2. The captioned appeal and application are, accordingly, dismissed as withdrawn.
3. Accordingly, interim order dated 22.06.2016, shall stand vacated.
4. Needless to say, all legal contentions, raised by the parties herein, will remain open, to be advanced before the concerned Forum, i.e. National Company Law Tribunal, (in short "NCLT"). 5.
Resultantly, the observations made in the impugned order shall not burden the NCLT, while adjudicating upon the matter on merits.
19.09.2016 Index : Yes / No Internet: Yes ga
RAJIV SHAKDHER, J.
ga To
1. UNION OF INDIA MINISTRY OF CORPORATE AFFAIRS SHASTRI BHAWAN NEW DELHI 110 001 COM.APEAL.No.2 of 2016 19.09.2016