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2025 Supreme(Online)(Tel) 43956

IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD
THE HONOURABLE SRI JUSTICE K.LAKSHMAN
M/S ASIA PACIFI INVESTMENT TRUST LTD. ( IN LIQN.) – Appellant
Versus
SRI S.F.H.J.MANIKSHAW TAMILNADU AND 9 OTHERS – Respondent


HON’BLE SRI JUSTICE K. LAKSHMAN Company Application No.547 OF 2002 in Company Application No.611 OF 1998, Company Application No.611 OF 1998, and Company Application No.477 OF 2010 in COMPANY PETITION No. 84 OF 1997

COMMON ORDER

Heard Sri G. Kalyan Chakravarthy, learned counsel for the Official Liquidator, Sri S.Ravi, learned Senior Counsel appearing for respondent No.2 and 4 in COMPA No.547 of 2002 and 611 of 1998, Sri Deepak Misra, learned counsel appearing for respondent Nos.3, 5 and 10 in COMPA No.547 of 2002 and respondent Nos.3 and 5 in COMPA No.611 of 1998. There is no representation on behalf of respondent Nos. 6, 7 and 9 in COMPA No.547 of 2002 and COMPA No.611 of 1998. Mr. S.Seshasayee, Respondent No.8 was discharged by this Court. Sri S.F.H.J.Manikshaw, Respondent No.1 is no more.

2. Vide order dated 19.08.1998, this Court disposed of C.P.No.84 of 1997 and ordered winding up of M/s. Asia Pacific Investment Trust Ltd.

COMPA No.611 of 1998

3. Thereafter, OL has filed COMPA No.611 of 1998 under Sections 454 (5) and (5A) of the Companies Act, 1956 ( for short, ‘the Act’) read with Rules 125 and 132 of the Companies (Court) Rules, 1959 ( for short, ‘the Rules’), to Summon the res

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