B.I.F.R. vs CMD, APS STAR INDUSTRIES LTD.

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

GUJARAT HIGH COURT
K.A. PUJ, J
B.I.F.R. – Appellant
Versus
CMD, APS STAR INDUSTRIES LTD. – Respondent

Advocates:
For the Appellants/Petitioners: MR AK CLERK, MR JANAK R SHAH
For the Respondents: MR RD DAVE, NANAVATI ASSOCIATES, MR PAVAN S GODIAWALA, MR AS VAKIL, MR BHARAT JANI, SINGHI & CO, MR SUBRAMANIAM IYER, MR RAJU K KOTHARI, MR RAJESH P MANKAD, MS AMEE YAJNI, MR YF MEHTA

Table of Content
1. winding up process initiation (Para 1 , 2 , 3 , 4)
2. company’s management failures and applications (Para 5 , 6 , 8)
3. regulatory compliance issues (Para 9 , 10 , 14)
4. arguments against winding up (Para 11 , 12 , 15 , 16 , 17)
5. creditor concerns and objections (Para 20 , 22)
6. court's authority on scheme approval (Para 24 , 25 , 26)
7. finality of the winding up order (Para 28 , 29)

JUDGEMENT

IN THE HIGH COURT OF GUJARAT AT AHMEDABAD COMPANY PETITION No. 190 of 2003 With COMPANY PETITION No. 287 of 2003 With COMPANY APPLICATION No. 448 of 2007 In COMPANY PETITION No. 190 of 2003 With COMPANY APPLICATION No. 500 of 2007 In COMPANY APPLICATION No. 448 of 2007 For Approval and Signature: HONOURABLE MR.JUSTICE K.A.PUJ ========================================================= 1 Whether Reporters of Local Papers may be allowed to see the judgment ? 2 To be referred to the Reporter or not ? 3 Whether their Lordships wish to see the fair copy of the judgment ? 4 Whether this case involves a substantial question of law as to the interpretation of the constitution of India, 1950 or any order made thereunder ? 5 Whether it is to be circulated to the civi

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GUJARAT HIGH COURTK.A. PUJ, JB.I.F.R. – AppellantVersusCMD, APS STAR INDUSTRIES LTD. – Respondent

GUJARAT HIGH COURT
K.A. PUJ, J
B.I.F.R. – Appellant
Versus
CMD, APS STAR INDUSTRIES LTD. – Respondent