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