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2016 Supreme(Mad) 3988

RAJIV SHAKDHER
Laytons Solicitors LLP UK – Appellant
Versus
Commonwealth Inclusive Growth Services Ltd. – Respondent


Advocates:
Advocate Appeared:
For the Appellant : Samyuktha for Shivakumar & Suresh
For the Respondents: M. Vaidhyanathan

ORDER :

Rajiv Shakdher, J.

1. This Company Petition is filed by a Solicitor firm, based in London, going by the name, Laytons Solicitors LLP UK. The petitioner, as is evident, is a limited liability partnership firm.

1.1 For the sake of convenience, the petitioner, hereafter will be referred to as Laytons.

1.2 This Petition has been filed by Laytons to seek winding up of the respondent company, i.e., Commonwealth Inclusive Growth Services Ltd. (hereafter referred to as "CIGSL").

The reason, which propelled Laytons to institute this Petition briefly, is as follows:

1.3 Laytons, evidently entered into a Representation Agreement (in short, agreement), dated 26th July, 2010 with CIGSL. This agreement enabled Laytons to act as the Solicitors for CIGSL in connection with its admission to the Alternative Investment Market (in short, AIM) and to render assistance in "initial fund raising".

1.4 AIM, apparently, is the sub-market of the London Stock Exchange which allows smaller companies to float shares, albeit, with, if you like, a more flexible regulatory system, than that, which is applicab






































































































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