ANDHRA PRADESH HIGH COURT
B. Siva Sankara Rao, J
Voltas Ltd. (M/s.) v. M/s. Allwyn Auto Ltd.
| Table of Content |
|---|
| 1. initial appeal and legal representation. (Para 1 , 2) |
| 2. claim for damages pertaining to leased property. (Para 3 , 4 , 5 , 6) |
| 3. distinction between costs and debts during company liquidation. (Para 7 , 8 , 9 , 10 , 11 , 12 , 14) |
| 4. court recognizes costs claim as distinct from debts. (Para 15 , 16) |
1. This appeal is at the instance of the unsuccessful applicant, who seeks to assail the orders rejecting his application purported to have been filed under S.476 and S.457 (3) of the Companies Act, 1956 r/w R.338 of the Companies (Court) Rules, 1959 , by the learned Single Judge as per the orders in C.A. No. 1118 of 2005 in C.P.No. 99 of 2000, dated 14-2-2007.
2. Heard Sri M. S. Ramchandra Rao, learned counsel appearing for the appellant and Mr. Anil Kumar, learned counsel appearing on behalf of the Official Liquidator.
3. The facts, which are necessary for disposal of the issue though appears to be an intrigues one but, which however, arises in all most in every liquidation proceedings and revolves around the various expressions used under the provisions of the Companies Act, which falls for consideration at different levels. The appellant is the owner of the land to an
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