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M/S Jagatjit Brown Forman (India) ... vs M/S G.K.Mohanty
2010 Latest Caselaw 2027 Del

Citation : 2010 Latest Caselaw 2027 Del
Judgement Date : 19 April, 2010

Delhi High Court
M/S Jagatjit Brown Forman (India) ... vs M/S G.K.Mohanty on 19 April, 2010
Author: Sudershan Kumar Misra
                IN THE HIGH COURT OF DELHI AT NEW DELHI

                           COMPANY JURISDICTION

                       CO.APPLN. (C) NO. 29 OF 2008

                                                Reserved on : 12-04-2010
                                      Date of pronouncement: 19-04-2010

M/s Jagatjit Brown Forman (India) Ltd. (in Liqn)
through the Official Liquidator
                                                       ...........Applicant
                                  Through Ms. Purnima Sethi, Advocate,
                                  Advocate

                                    Versus

M/s G.K.Mohanty                                               .........Respondent



CORAM :

       HON'BLE MR. JUSTICE SUDERSHAN KUMAR MISRA

1.     Whether Reporters of local papers may be allowed to see the
       judgment? No
2.     To be referred to the Reporter or not? No
3.     Whether the judgment should be reported in the Digest? No


SUDERSHAN KUMAR MISRA, J.

1. This is an application by the Official Liquidator attached to

this Court under S.446 of the Companies Act, 1956 for the recovery of

an amount of Rs.1,17,153/- with interest @ 18% per annum, from the

respondent M/s G.K. Mohanty.

2. Pursuant to a petition filed on 14th December, 1999, M/s

Jagatjit Brown Forman (India) Pvt. Ltd. was directed to be

provisionally wound up on 19th December, 2003 and final winding up

orders were passed by this Court on 12th January, 2005. The Official

Liquidator attached to this Court was appointed as its liquidator.

3. The company in liquidation, i.e M/s Jagatjit Brown Forman

(India) Pvt. Ltd., was in the business of manufacture, sale and export

of liquor and alcoholic beverages and other consumer products.

4. In the statement of affairs, filed by the Ex-Directors under

S.454 of the Companies Act, 1956 along with a list of debtors, it is

stated therein that a sum of Rs.1,67,153/- is owed by the respondent

to the company in liquidation. This appears to be incorrect since, as

per the books of accounts of the company in liquidation, the debt owed

by the respondent is shown as Rs.1,17,153/-. The Official Liquidator

has, therefore, moved this application praying for an order of recovery

of the amount of Rs.1,17,153/-, along with interest @18% per annum

till its realization in favour of the applicant, against the respondent.

5. There has been no appearance on behalf of the respondent

so far. The affidavit of service of the respondent has since been filed.

Consequently, the respondent was directed to be proceeded ex-parte,

and the matter was adjourned to 10th March, 2010. On 12th April,

2010, the applicant's evidence was completed and arguments were

heard.

6. An affidavit of Shri Sudhir Kapoor, Assistant Official

Liquidator, was filed on 6th April, 2010 by way of evidence in support

of the application. Ex.PW1/1 is a copy of the demand notice dated 8th

September, 2005 sent by the Official Liquidator to the respondent

under S.446 of the Companies Act, 1956. Ex.PW1/2 is a copy of an

extract from the statement of affairs filed by the Ex-Directors.

Ex.PW1/3 is a copy of the ledger account maintained by the company

in liquidation, pertaining to the respondent. In that ledger, a debit

balance of Rs. 1,17,153/- is reflected. Ex.PW1/4 is a copy of the AD

card issued by the Department of Posts, evidencing the fact that the

aforesaid notice was duly served on the respondent. The respondent

has not bothered to respond to the notice of demand.

7. It is stated by counsel for the OL that this claim was due to

the company in liquidation on 31st May, 1999 and is within limitation.

8. There is no defence to the claim. The amount claimed

stands proved.

9. Consequently, the respondent is directed to pay an amount

of Rs. 1,17,153/- to the applicant, along with interest @ 6% per

annum from the date of the application till the date of realization of

the amount in favour of the applicant.

10. The application is disposed of.

SUDERSHAN KUMAR MISRA, J.

APRIL 19, 2010

 
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