TAPEN SEN, PRABIR KUMAR SAMANTA
UNIVERSAL BEARING AGENCY – Appellant
Versus
WPIL LIMITED – Respondent
( 1 ) THIS appeal is against the order dated 31. 1. 2005 passed by a learned Single Judge of this Court in C. A. No. 756 of 2004 arising out of C. P. No. 651 of 2001 whereby and whereunder he was pleased to direct that if the appellants have any further claim in respect of interest then they would be at liberty to take steps before the appropriate forum.
( 2 ) IN order to appreciate the arguments, it will be necessary to advert, very briefly, to the facts which are involved in this case. It appears that the appellants herein filed a winding up petition alleging that the respondent company was indebted to them to the extent of Rs. 14,81,239. 20/- on account of the balance price of the goods sold and delivered which, according to them, the company had failed to pay notwithstanding service of notice under section 434 of the Companies act, 1956. The aforementioned application for winding up was taken up on 10. 10. 2002 by a learned Single Judge of this Court who admitted the application after holding that the said; company was indebted to the appellant/petitioning creditor to the extent of Rs. 14,81,239. 20/-on account of balance price of the goods
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