Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 1, Cited by 0]

Madras High Court

Uco Bank vs Vtx Industries Limited on 7 June, 2024

Author: Krishnan Ramasamy

Bench: Krishnan Ramasamy

                                                                                 C.P.No.164 of 2013


                              IN THE HIGH COURT OF JUDICATURE AT MADRAS

                                           DATED         : 07.06.2024

                                                    CORAM:

                        THE HONOURABLE MR.JUSTICE KRISHNAN RAMASAMY

                                               C.P.No. 164 of 2013

                    UCO Bank
                    Having its head office at
                    10 BTM Sarani, Kolkatta 700 001
                    and having its branch office at
                    Sri Murugan Towers,
                    1524/1287 Trichy Road,
                    Coimbatore 641 018.
                    Represented by its Chief Manager
                    Mr.Priyapada Mishra                              ... Petitioner

                                                           Vs.

                    VTX Industries Limited,
                    having its registered office at
                    2/185, Palladam Road, Puliampatti,
                    Coimbatore 642 002,
                    Tamil Nadu.                                      ...Respondent
                    Prayer:- This Company Petition has been filed under Sections 433(e) read
                    with Section 434(1)(a) and Section 439(1)(b) of the Companies Act, 1956,
                    read with Rules 95 of the Company (Court) Rules, 1959, praying to wound
                    up the respondent company, namely M/s.VTX Industries Limited by this
                    Court; to appoint the Official Liquidator of this Court as the liquidator of
                    the Respondent company and to direct that the costs of this petition come
                    out from the estate of the respondent company.

                   1/3
https://www.mhc.tn.gov.in/judis
                                                                                 C.P.No.164 of 2013


                                  For Petitioner   : Mr.Surya Teja SS Nalla
                                                    for M/S.T.K.Bhaskar
                                  For Respondent : No appearance

                                                        ORDER

The prayer in this Company Petition is to wind up the company, namely M/s.VTX Industries Limited.

2. This Court, already passed an order on 23.06.2014 in C.P.No.151 of 2013, ordering winding up of the aforesaid company.

3. In view of the above, no further order is required in this Company Petition. Accordingly, the Company Petition is dismissed with liberty to the petitioner to make their claim before the Official Liquidator within a period of eight weeks from the date of receipt of a copy of this order.

07.06.2024 Index:Yes/No Web:Yes/No Speaking/Non Speaking Neutral Citation:Yes/No jd 2/3 https://www.mhc.tn.gov.in/judis C.P.No.164 of 2013 KRISHNAN RAMASAMY.J jd C.P.No. 164 of 2013 07.06.2024 3/3 https://www.mhc.tn.gov.in/judis