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Telangana High Court

Rep. By Bifr.. vs M/S. Terrygold India Ltd., on 14 October, 2024

     IN THE HIGH COURT OF JUDICATURE ANDHRA PRADESH AT
                          HYDERABAD
              TUESDAY THE TENTH DAY OF DECEMBER
                  TWO THOUSAND AND THIRTEEN
                           PRESENT:
         THE HON'BLE SRI JUSTICE: VILAS V AFZULPURKAR

               REFERRED COMPANY CASE No. 1 of 2013

           IN THE MATTER OF M/S. TERRYGOLD (INDIA) LTD.,

Between:

REPRESENTED BY BIFR
                                                                     Petitioner
                                 VERSUS

     1.        The Managing Director, M/s. Terrygold (India) Ltd., 4th Floor, H.
           No. 6-2-966/5/1, Hill Colony, Khairatabad, Hyderabad-500004,
           Andhra Pradesh.
     2.             Jr. Secretary, Commerce & Indus. Deptt., Govt. of Andhra
           Pradesh, Hyderabad.
     3.            The Chairman & M.D., IDBI, IDBI Towers, Cuffee Parade,
           Mumbai-400005.
     4.        The Regional Director, ESIC Regional Office, ESI Corporation,
           Rajendra Palace, New Delhi-110008.
     5.      The Central Provident Fund, Commissioner, HUDCO Vishala 14,
           Bhikaji Cana Place, New Delhi-110008.
     6.               President, M/s. Terrygold (India) Workers Union (HMS),
           Peddakaparthy Village, Chityal Mandal, Nalgonda District, Andhra
           Pradesh.
     7.         Jeevan Das Lalji & Son, H. No. 10-3-56/4, Plot No. 175, East
           Maredpally, Secunderabad-500026.
     8.           Office of Deputy Commissioner (Central Excise), Nalgonda
           Range, Hyderabad III Division.
     9.          Stressed Assets Stabilisation Fund (SASF), IDBI Tower, 10th
           Floor, WTC Complex, the Company Case, Mumbai-400005.
     10.       Manager & Chief Executive Officer, Deutsche Bank, Hazarimal
           Somani Marg, Fort, Mumbai.
     11.     Chief Secretary, Govt. of Andhra Pradesh, Hyderabad-500022.
     12.          Resident Commissioner, Govt. of Andhra Pradesh, Andhra
           Bhavan 1, Ashoka Road, New Delhi.
     13.     The Commissioner Customs & Central Excise, Hyderabad (A.P).
     14.        Director General of Foreign Trade (DGFT), M/o. Commerce &
           Industry, Udyog Bhawan, New Delhi-110011.
     15.      TVS Finance & Service Ltd., NO. 1, Jaya Lakshmi Estate, NO. 8,
           Haddows Road, Chennai-6.
     16.              Senior Vice President, ASREC (India) Ltd., (An Asset
           Reconstruction Co.), UTI Towers, Gn. Block, Bandra (E), Bandra
           Kurla Complex, Mumbai-51.
                                                                   Respondents

NOTICE To

1. Jeevan Das Lalji & Son, H. No. 10-3-56/4, Plot No. 175, East Maredpally, Secunderabad-500026.

2. Resident Commissioner, Govt. of Andhra Pradesh, Andhra Bhavan 1, Ashoka Road, New Delhi.

3. Senior Vice President, ASREC (India) Ltd., (An Asset Reconstruction Co.), UTI Towers, Gn. Block, Bandra (E), Bandra Kurla Complex, Mumbai-51.

..2..

Take notice that the above case was referred to the High Court by the Board for Industrial and Financial Reconstruction by way of opinion under Section 20 (1) of SICK Industrial Companies (Special Provisions) Act, 1985 in case No. 1 of 2013, M/s. Terrygold (India) Ltd., 4th Floor, H. No. 6-2-966/5/1, Hill Colony, Khairatabad, Hyderabad-500004, A.P., You are hereby directed to appear at the hearing in person or by Advocate on 20-01-2014 to support or oppose the case and to show cause as to why M/s. Terrygold (India) Ltd., 4th Floor, H. No. 6-2-966/5/1, Hill Colony, Khairatabad, Hyderabad-500004, A.P., should not be wound up in accordance with the provisions of the Companies (Special Provisions) Act, l966 Read with Sec.20 of SICK Industrial Companies (Special Provisions) Act, l985.

A copy of the opinion of the said Board is enclosed herewith.

And the Court further made the following ORDER:

"It is stated by the learned counsel for respondent No. 1 that appeal before AAIFR is posted to today for hearing.
Hence, list after Sankranthi Vacation, 2014. In the meanwhile, let fresh notice be sent to respondent Nos. 7,12 and 16 as those respondents are not yet served".

JOINT REGISTRAR.

To

1. The Chief Judge, City Civil Court, Secunderabad. (BY RPAD along with a copy of B.I.F.R. for service on the Respondent No. 7 and return before 20- 01-2014)

2. The Chief Judge, Thees Hazari Court, New Delhi, (Along with a copy of B.I.F.R. for service on the Respondent No. 12 and return before 20-01- 2014)

3. The Chief Judge, City Civil Court, Mumbai, Maharashtra State ( BY RPAD along with a copy of B.I.F.R. for service on the Respondent No. 16 and return before 20-01-2014)

4. Jeevan Das Lalji & Son, H. No. 10-3-56/4, Plot No. 175, East Maredpally, Secunderabad-500026.

5. Resident Commissioner, Govt. of Andhra Pradesh, Andhra Bhavan 1, Ashoka Road, New Delhi.

6. Senior Vice President, ASREC (India) Ltd., (An Asset Reconstruction Co.), UTI Towers, Gn. Block, Bandra (E), Bandra Kurla Complex, Mumbai-51. (ADDRESSEES 4 TO 6 BY RPAD Along with a copy of B.I.F.R. for service on the Respondent No. 15 and return before 20-01-2014)

7. One CC to Sri L. Venkateshwar Rao, Advocate (OPUC)

8. One spare copy.

Ksv HIGH COURT Ksv Date of drafting: 12-12-2013 VVAJ DATE: 10-12-2013 NOTE: POST ON 20-01-2014 FRESH NOTICE TO UNSERVED RESPONDENTS 7,12 and 16 R.C.C. NO. 1 OF 2013