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Bombay High CourtCAO/609/2024ca disposed off

M/S Krishidhan Seeds Pvt. Ltd. Indore Through Its Managing Director, Mr. Sushil Karwa v. M/S Akola Oil Industries Ltd. Through Its Official Liquidator And Another

2024-06-14Hon'Ble Shri Justice Anil L. Pansare2 pages

1/2 3.cao.609.2024 in cal.7.2016 in cmp.5.2001.odt

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

NAGPUR BENCH : NAGPUR COMPANY APPLICATION (CAO) NO. 609 OF 2024 IN COMPANY APPLICATION (CAL) NO. 7 OF 2016 IN COMPANY PETITION NO. 5 OF 2001 (M/s Krishidhan Seeds Pvt Ltd. V/s M/s Akola Oil Industries Ltd. & Anr.) Office Notes, Office Memoranda of Coram, Appearances, court's orders or directions and Registrar's orders Court's or Judge's orders Mr. Amol B. Patil, Advocate for Applicant in CAL No.7/2016.

Dr. Anjan De, Advocate for Official Liquidator. Mr. Patil, Official Liquidator present in Court. Mr. Dharmnath Prasad, Company Prosecutor present in Court.

Ms. Mitisha Kotecha, Advocate i/by Mr. M. Anilkumar, Advocate for Respondent No.2/SBI in CAL No.7/2016. Mr. N. R. Raut, Advocate for Applicant/Prudent ARC Ltd. in CAO No.609/2024.

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CORAM

: ANIL L. PANSARE, J.

DATE : JUNE 14, 2024.

COMPANY APPLICATION (CAO) NO. 609 OF 2024 .

By the present Application, Applicant - Prudent ARC Ltd. is seeking to replace the Respondent No.2 - State Bank of India in Company Application No. 7/2016.

2.

It appears that the Applicant - Prudent ARC Ltd. has acquired rights of the State Bank of India in the present Application by the Deed of Assignment dated 22/3/2024.

2/2 3.cao.609.2024 in cal.7.2016 in cmp.5.2001.odt 3.

The Original Applicant - M/s Krishidhan Seeds Pvt. Ltd. represented by the learned Counsel Mr. Patil and the Original Respondent No.2 - State Bank of India represented by Mr. M. Anilkumar has no objection, if the Application is allowed. 4.

In view of above, Company Application is allowed. 5.

Applicant - M/s Krishidhan Seeds Pvt. Ltd. shall take appropriate steps to replace the name of State Bank of India by Prudent ARC Ltd. within one week from today.

6.

Necessary amendment be carried out in Company Application No. 7/2016 and amended copy of the Application be served on Prudent ARC Ltd.

COMPANY APPLICATION (CAL) NO. 7 OF 2016 .

Stand over to 21st June, 2024.

(ANIL L. PANSARE, J.) vijaya Signed by: Mrs. V.G. Yadav Designation: PA To Honourable Judge Date: 15/06/2024 16:11:30