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2017 Supreme(AP) 499

SANJAY KUMAR, J.UMA DEVI
MW High Tech Projects India Private Limited – Appellant
Versus
Grauer & Weil (India) Limited – Respondent


Advocates Appeared:
For the Appellant : Sri S. Ravi, Sri Avinash Desai
For the Respondent: Sri S. Niranjan Reddy, Sri T. Sujan Kumar

JUDGMENT :

Sanjay Kumar, J.

1. Aggrieved by the admission of Company Petition No.231 of 2015, filed for its winding-up under Section 433(e) read with Sections 434(1)(a) and 439 of the Companies Act, 1956 (for brevity, the Act of 1956), the respondent company therein is in appeal under Section 483 of the Act of 1956 read with Clause 15 of the Letters Patent.

2. The order under appeal was passed by the learned Company Judge on 25.10.2017 admitting the company petition and directing the respondent, the petitioner therein, to publish notice of its admission in Business Standard English Newspaper and Andhra Bhoomi Telugu Newspaper. Admittedly, advertisement of the admission of the company petition has already been carried out in terms of the order under appeal.

3. Sri S.Niranjan Reddy, learned senior counsel appearing for Sri Avinash Desai, learned counsel for the appellant company, would however contend that, notwithstanding the advertisement being published in the newspapers, this appeal would still survive for consideration on merits as various other consequences would flow from the admission order which would be adverse to the interests of the appellant company. He would point out that






















































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