Prakasi-I Bajaj & Anr. v. Mis Sumn Prakashan Pvt. Ltd.

Delhi High Court · 14 Jul 2011 · 2011:DHC:7085
P. K. Bhasin
CO. PET. 2/2011
2011:DHC:7085
corporate petition_dismissed

AI Summary

The court allowed employees to lodge claims with the Official Liquidator in an existing winding up proceeding and disposed of their independent winding up petition as not pressed.

Full Text
Translation output
HIGH COURT OF DELHI
CO. PET. 2/2011
PRAKASI-I BAJAJ & ANR. Petitioners
Through: Mr.Sandeep Sharma, Advocate
VERSUS
MIS SUMN PRAKASHAN PVT. LTD. Respondent
Through: Mr. Sanjay Katyal, Advocate for the Official Liquidator.
CORAM: 1
HON'BLE MR. JUSTICE P.K. BHASIN
14.7.2O11 This is a winding up petition filed by two employees of M/s Suman
Prakashan Pvt. Ltd. Since already a provisional Official Liquidator has been appointed in Company Petition No. 178/2008 filed by M/s Siddharth Tradex Pvt.
Ltd., which is also listed today, counsel for the petitioners says that in case the petitioners are permitted to lodge their claims with the Official Liquidator then he shall not bb pressing this petition independently.
The petitioners are permitted to lodge their claims with the Official
Liquidator within 30 days from today and in view of this permission being granted to them their counsel does not press this petition any further and says that whatever stpes they have to take now they shall be taking in Company Petition
No. 178/2908, if any necessity arises. This petition is disposed of as not pressed.
C-9 P.K. BHASIN JULY 14,201 2011:DHC:7085
JUDGMENT