Andhra Bank v. M/S.Paramount Airways Pvt. Ltd

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 20.03.2018

CORAM

THE HONOURABLE MR. JUSTICE M.M.SUNDRESH Company Petition No.197 of 2010 Andhra Bank, Chennai Main Branch, No.45/39, Wavoo Mansions, Rajaji Salai, Chennai - 1 rep. by its Branch Manager .. Petitioner Vs.

M/s.Paramount Airways Private Limited, Alexander Square C Wing, II Floor, 34/35, Sardar Patel Road, Guindy, Chennai - 32.

.. Respondent Petition filed under Sections 433(e), 434 (1)(2) and 439(1)(b) of the Companies Act, 1956 for winding up the respondent company. For Petitioner :

M/s.Sampath Kumar Associates For Respondent :

Mr.Bayisetty Sridhar, Dy. Official Liquidator

ORDER

When the matter is taken up for hearing, learned Deputy Official Liquidator would submit that the respondent company has already been wound up and therefore, no further order is required. 2.Learned counsel appearing for the petitioner would submit that the petitioner may be permitted to approach the learned Official Liquidator for adjudication of their claim.

3.In such view of the matter, the company petition stands closed as no further order is required. However, the petitioner is permitted to make a claim before the learned Official Liquidator within a period of four weeks from the date of receipt of a copy of this order. On receipt of the same, the learned Official Liquidator shall adjudicate upon the claim within a period of six weeks thereafter. 20.03.2018 Index:Yes/No mmi M.M.SUNDRESH,J.

mmi Company Petition No.197 of 2010 20.03.2018