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Madras High CourtCP/216/2012dismissed as settled out of court

M/S.Fugro Survey (India) v. Indian Gas Limited

2025-04-25Honourable Mr Justice Senthilkumar Ramamoorthy2 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 25.04.2025

CORAM

THE HONOURABLE MR.JUSTICE SENTHILKUMAR RAMAMOORTHY C.P.No.216 of 2012 M/s.Fugro Survey (India) Pvt. Ltd., A company incorporated under the provisions of Indian Companies Act, 1956 and having its registered Office at Fugro House, D-222/30, TTC Industrial Area, MIDC, Nerul, Navi Mumbai - 400 706 Maharashtra.

... Petitioner -vsIndian Gas Limited, Suite D, 1st Floor, Sun Plaza Complex, 19, G.N.Chetty Road, Chennai 600 017 (Tamil Nadu), India ... Respondent PRAYER: Company Petition is filed under Sections 433(e), 434(1)(a) and 439(1)(b) of the Companies Act, 1956, praying that the respondent company viz., M/s.Indian Gas Ltd. be ordered and directed to wound up by and under the directions of this Court under the provisions of Companies Act, 1956. 1/2 https://www.mhc.tn.gov.in/judis

SENTHILKUMAR RAMAMOORTHY,J rna For Petitioner : M/s.Rajeev K.Pandey For Respondent : No Appearance **********

ORDER

Learned counsel for the petitioner submits that the respondent has settled the matter by paying an aggregate sum of Rs.3,30,00,000/- to the petitioner. He submits that the last installment of Rs.20,00,000/- was paid recently by way of demand draft. Although the petition was admitted on 07.09.2015 and the Official Liquidator was appointed as the Provisional Liquidator, said order was stayed on 15.12.2015. No other creditor has supported the petition till date.

2. In view thereof, C.P.No.216 of 2012 is dismissed as settled out of Court.

25.04.2025 rna Index : Yes / No Internet : Yes / No C.P.No.216 of 2012 2/2 https://www.mhc.tn.gov.in/judis