IN THE HIGH COURT OF PUNJAB AND HARYANA AT

CHANDIGARH

CAPP No. 15 of 2008

DATE OF DECISION: February 10, 2009

COVENTRY COIL-O-MATIC (HARYANA) LIMITED

…APPELLANT

VERSUS

ICICI BANK LIMITED AND ANOTHER

…RESPONDENTS

CORAM:

HON’BLE MR. JUSTICE M.M. KUMAR

HON’BLE MR. JUSTICE H.S. BHALLA

Present:

Mr. R.C. Setia, Senior Advocate, with

Mr. S.S. Behl, Advocate,

for the appellant.

Ms. Jai Shree Thakur, Advocate,

for the respondents.

1.

Whether Reporters of local papers may be

allowed to see the judgment?

Yes

2.

To be referred to the Reporters or not?

Yes

3.

Whether the judgment should be reported in

the Digest?

Yes

M.M. KUMAR, J.

The appellant is a company in liquidation and has invoked

Section 483 of the Companies Act, 1956 (for brevity, ‘the Act’)

challenging order dated 7.8.2008, passed by the learned Company Judge

directing publication of the factum of admission of Company Petition No.

129 of 2004. The company petition was admitted on 26.5.2005. It is

appropriate to mention that at the time of admission, learned counsel for

the appellant was present before the Court and the reason for admission

given in the order dated 26.5.2005 is that the appellant did not file reply

CAP