V.RAMASUBRAMANIAN
Indian Renewable Energy Development Agency Ltd. – Appellant
Versus
Official Liquidator – Respondent
1. While C.A.No.1038 of 2006 is an application filed by a secured creditor of the company in liquidation, seeking a direction to the Official Liquidator to jointly advertise for the sale of the assets of the company, C.A.No.2486 of 2006 is by a company which supplied boiler to the company in liquidation, seeking to exclude the same from the list of properties sought to be sold by the secured creditor. The other two applications O.A.Nos.253 and 254 of 2005 are under Section 9 of the Arbitration and Conciliation Act, 1996, seeking interim measures pending initiation of arbitration proceedings by an unsecured creditor.
2. I have heard Mr.Jose John, learned counsel for the applicant, Mr.C.Harikrishnan, learned Senior Counsel appearing for the company in liquidation and its promoters-shareholders (respondents 5 to 8), Mr.T.K.Seshadri, learned Senior Counsel appearing for the ninth respondent (New Horizon Sugar Mills Ltd.), Mr.S.Vasudevan, learned counsel appearing for one of the secured creditors, Mr.Krishna Srinivas, learned counsel appearing for the applicant in C.A.No.2486 of 2006, Dr.Anita Sumanth, learned counsel appearing for Bharat Heavy Electricals Ltd. (applicant in
3. M/s.Bakemans Industries Pvt. Ltd. v New Cawnpore Flour Mills {AIR 2008 SC 2699}
6. M.K.Ranganathan v Government of Madras [AIR 1955 SC 604]
7. Industrial Credit and Investment Corporation v Srinivas Agencies [1996 (4) SCC 165]
14. ICICI Bank v SIDCO Leathers Ltd {2006(10) SCC 452}
15. Transcore v Union of India [2008 (1) SCC 125]
19. Allahabad Bank V Canara Bank {2000 (4) SCC 406}
20. Rajasthan State Financial Corporation V The Official Liquidator {2005 (8) SCC 190}
21. Andhra Bank Vs. Official Liquidator {2005 (59) SCL 239}
25. ICICI Bank Ltd v SIDCO Leather Ltd {2006 (10) SCC 452}
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.