* IN THE HIGH COURT OF DELHI AT NEW DELHI

%

Date of decision: 20.01.2010

+

WP (C) No.12599 of 2009 & CM No.13170 of 2009

M/S. VIZAG PROFILES LIMITED

…PETITIONER

Through:

Ms. Maneesha Dhir,

Ms. Jayshree Shukla &

Ms. Preeti Dalal, Advocates.

M/S. RAAM TYRES LIMITED & ORS.

...RESPONDENTS

Through:

Mr. Vivek Sibal, Ms. Pooja M. Saigal

& Mr. Rahul Sharma, Advocates for

Respondent No.1.

Mr. Sandeep Sethi, Sr. Advocate with

Mr. Arvind Nayar, Mr. Sanjay Abbot

& Mr. Vineet Nayar, Advocates for

Respondent No.2.

AND

+

WP (C) No.12606 of 2009 & CM No.13180 of 2009

M/S. RAAM TYRES LIMITED & ANR.

…PETITIONERS

Through:

Mr. Vivek Sibal, Ms. Pooja M. Saigal

& Mr. Rahul Sharma, Advocates.

M/S. APPELLATE AUTHORITY FOR INDUSTRIAL

& FINANCIAL RECONSTRUCTION & ORS.

...RESPONDENTS

Through:

Mr. Sandeep Sethi, Sr. Advocate with

Mr. Arvind Nayar, Mr. Sanjay Abbot

& Mr. Vineet Nayar, Advocates for

Respondent No.7.

Ms. Altaf Fathima, Advocate for

Respondents 9 & 13.

Mr. Atul Nanda & Mr. Gaurav Gupta,

Advocates for Respondent No.16.

2010:DHC:327-DB

CORAM:

HON'BLE MR. JUSTICE SANJAY KISHAN KAUL

HON‟BLE MS. JUSTICE VEENA BIRBAL