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Madras High CourtA/433/2018ordered

M/S.Dugar Housing Limited v. National Stock Exchange Of

2018-01-22Honourable Mr Justice R. Subramanian3 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

(ORIGINAL JURISDICTION) Monday, the 16th day of July, 2018.

THE HON'BLE MR.JUSTICE ABDUL QUDDHOSE COMP.A.No.433 of 2018 in COMP.PETN.NO.371 OF 2015 In the matter of the Companies Act, 1956 and In the matter of M/s.ETA Star Infrastructure Limited M/s.NKC Projects Pvt.Ltd., 207, Second Floor, Gupta Tower-1, Vikas Puri, New Delhi-110 018, Rep.by Mr.Sandeep Aggarwal, General Manager (Finance&Accounts) .. Petitioner -VsM/s.ETA Star Infrastructure Limited, No.10 & 11, Dr.Radhakrishnan Salai, 4th Floor, Chennai City Centre, Mylapore, Chennai - 600 004 Tamil Nadu, Rep.by its Managing Director .. Respondent Comp.A.No.433 of 2018:- The Official Liquidator, High Court, Madras as the Provisional Liquidator of ETA Star Infrastructure Ltd., ..Applicant VS.

M/s.Pink City Expressway Pvt. Ltd., 4th Floor, Raheja Square, Sector-2, IMT Manesar, Gurgaon-122050, Haryana.

..Proposed Respondent

The Company Application praying that this Hon'ble Court be pleased to:-

1) permit the Official Liquidator to implead M/s.Pink City Expressway Pvt. Ltd. as proposed Respondent in C.A.No.562 of 2017 in C.P.No.371/2015 so as to get all information regarding books and records of the Company (In Liquidation) 2)To permit the Official Liquidator to carryout necessary amendments in C.A.No.562/2017.

The Company Application coming on this day before this Court for hearing the court made the following order: The instant application has been filed by the Official Liquidator to implead M/s.Pink City Expressway Pvt. Ltd., as proposed respondent in C.A.No.562 of 2017 in C.P.No.371 of 2015 so as to get all information regarding books and records of the Company in liquidation.

2. This application has been filed, pursuant to the order dated 05.06.2018 passed by this Court directing the Official Liquidator to implead M/s.Pink City Expressway Pvt. Ltd.,(proposed respondent), as the proposed respondent and the subject company under liquidation entered into Joint Venture Agreement.

3. This Court is satisfied with the reasons given by the Official Liquidator seeking to implead M/s.Pink City Expressway Pvt. Ltd., as proposed respondent as R3 in

Company Application No.562 of 2017. Accordingly, this petition is allowed as prayed for.

4. The Official Liquidator is directed to carry out the necessary amendments within a period of two weeks from today i.e. on 16.07.2018.

5. Post the matter on 30.07.2018.

Sd/-A.Q.J 16.07.2018 //Certified to be a true copy// Dated this the day of 2018 JJ 05.09.2018 COURT OFFICER From 25.09.2008 the Registry is issuing certified copies of the Order/Judgment Decree in this format.