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2015 Supreme(AP) 447

VILAS V.AFZULPURKAR, B.SIVA SANKARA RAO
M. Rambhushanam, Ex-Managing Director, M/s Commercial Agro Products Private Limited – Appellant
Versus
Commercial Agro Products Private Limited (In Prov. Liqn. ) Rep. by the Official Liquidator – Respondent


Advocate Appeared:
For the Petitioners:M.S. Prasad, Senior Advocate, B.S. Raju, A. Narasimha Rao, Advocates.
For the Respondent:D. Krishnamurthy, P. Pratap Reddy, K. Rathangapani Reddy, Advocates.

Order:

(Dr. Justice B. Siva Sankara Rao, J.)

Four of the five Memoranda of Review Applications are filed by Sri M.Ramabhushnam (Ex. Managing Director cum authorised representative of M/s. Commercial Agro Products Private Limited, who had sought voluntary winding up U/s.433 &439 of the Companies Act) seeking review of the dismissal decrees dated 02.07.2010 covered by the common judgment of this Court in OSA Nos.30 of 2006, 45 of 2006, 3 of 2007 and 28 of 2007 & the fifth Review Application No.873 of 2010 filed by the unit holders is also against same common judgment in so far as OSA No.3 of 2007.

(1).(A). Factual matrix:

(i). Application No.893 of 2010-(in so far as OSA No.30 of 2006-against the order dt.13-04-2006 in C.P.No.1416 of 2004 allowing the petition of the official liquidator to effect sale of assets of the Company under winding up, by the Single Judge(Company Court) in the pending C.P.No.83 of 1997 for winding up;

(ii). Application No.895 of 2010-(in so far as OSA No.45 of 2006-against the order dt.04-08-2006 in C.P.No.1416 of 2004, pursuant to the sales effected by the Official Liquidator on 15-07-2006 and finalised by the Court after negotiations with increase on 01-08-2006



































































































































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