M/S Indian Oil Corporation ... vs M/S Jaipur Syntex Limited

Citation : 2021 Latest Caselaw 2325 Raj/2
Judgement Date : 8 April, 2021

Rajasthan High Court
M/S Indian Oil Corporation ... vs M/S Jaipur Syntex Limited on 8 April, 2021
Bench: Ashok Kumar Gaur
      HIGH COURT OF JUDICATURE FOR RAJASTHAN
                  BENCH AT JAIPUR

                S.B. Company Petition No. 7/1999


M/s Indian Oil Corporation Limited
                                                                  ----Petitioner
                                   Versus
M/s Jaipur Syntex Limited
                                                                ----Respondent

Connected With S.B. Company Application No. 10/1999 M/s Indian Oil Corporation Limited

----Petitioner Versus M/s Jaipur Syntex Limited

----Respondent For Petitioner(s) : Mr.Anant Kasliwal, Adv. with Mr.Shashank Kasliwal, Adv., Mr.Kartikeya Vyas & Adv. Ms.Kritika Singh, Adv.

For Respondent(s) : Mr.Daksh Pareek, Adv. for Mr.Sameer Jain, Adv.

HON'BLE MR. JUSTICE ASHOK KUMAR GAUR Order 08/04/2021 Learned counsel Mr.Daksh Pareek appears on behalf of Mr.Sameer Jain, Adv. and submits that the present winding up petition is liable to be transferred to NCLT in view of provisions contained in Section 434 of the Companies Act, 2013.

Learned counsel places reliance on a judgment passed by the Apex Court in the case of Forech India Ltd. Vs. Edelweiss Assets Reconstruction Co. Ltd in Civil Appeal No.818/2018 on 22.01.2019.

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(2 of 2) [COP-7/1999] Learned counsel for the petitioner wants time to go through the said judgment.

List these cases again on 06.05.2021.

(ASHOK KUMAR GAUR), J Himanshu Soni/Sakshi/23-24 (Downloaded on 15/04/2021 at 08:30:36 PM) Powered by TCPDF (www.tcpdf.org)