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Calcutta High Court

Precision Engineers & Fabricators Pvt. ... vs Family Credit Ltd on 16 June, 2017

Author: Arijit Banerjee

Bench: Arijit Banerjee

                                    ORDER SHEET
                                 C. P. No. 207 of 2016
                          IN THE HIGH COURT AT CALCUTTA
                                 Original Jurisdiction
                                    ORIGINAL SIDE




                                                             IN THE MATTER OF:
                                   PRECISION ENGINEERS & FABRICATORS PVT. LTD.
                                                                        Versus
                                                            FAMILY CREDIT LTD.



  BEFORE:
  The Hon'ble JUSTICE ARIJIT BANERJEE

Date : 16th June, 2017.

Appearance;

Mr. Sounak Mitra, Adv.

Mr. Shaubhik Chowdhury, Adv.

Mr. Dripto Majumdar, Adv.

For the petitioning creditor Mr. A. Roy, Adv.

Ms. N. Jalan, Adv.

Mr. R. Upadhyay, Adv.

For the Company The Court : Mr. Mitra learned counsel for the petitioner submits that in spite of directions for exchange of affidavits having been given, the company has not filed any affidavit in opposition. Further, insolvency proceeding has been initiated against the company before the NCLT. The Insolvency Resolution Professional has invited claims from the creditors of the company. The petitioner has also lodged its claims with the insolvency IRP.

Mr. Mitra submits that this winding up petition should stand transferred to the NCLT.

Mr. A. Roy appearing on behalf of the company strongly opposes the prayer for transfer.

I find no urgency in the matter.

List the matter before the regular Bench.

(ARIJIT BANERJEE, J.) A Dey AR(CR)