SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
judgment-img

GUJARAT HIGH COURT
K.A. PUJ, J
EXPORT IMPORT BANK OF INDIA – Appellant
Versus
BIRLA VXL LIMITED – Respondent


Advocates:
For the Appellants/Petitioners: MR MIHIR JOSHI, MR DEVANG NANAVATI
For the Respondents: MR MIHIR THAKORE, MR SN SOPARKAR, MR SANDEEP SINGHI

JUDGEMENT

1. The applicant, namely, Export Import Bank of India has taken out this Judge's Summons praying for recalling of the order dated 10.05.2005 passed in Company Application No. 171 of 2005 and for holding a fresh meeting of all classes of Companies, namely, Equity Shareholders, Preference Shareholders, Secured Creditors, Existing Lenders and Unsecured Creditors including the applicant and other like Creditors of the Company, under Section 391 (1) of the Companies Act, 1956 for the purpose of considering the proposed arrangement between the respondent – OCM (India) Ltd. and its Existing Lenders.

2. An affidavit in support of the Judge's Summons is filed by Shri Navin Gangawane, Chief Manager of the applicant Bank. Mr. Mihir Joshi, learned Senior advocate appearing for the applicant Bank has submitted that though the prayer is made in the Judge's Summons in respect of recalling the order dated 10.05.2005 and holding of fresh meeting of all classes of Companies, namely, Equity Shareholders, Preference Shareholders, Secured Creditors, Existing Lenders and Unsecured Creditors including the applicant and other like Creditors of the Company, the applicant Ban

Click Here to Read the rest of this document
1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top