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In para 14 of order dated 28/09/2015, passed by the
learned Company Judge in Company Petition No.30/2013,
has considered the objection raised by the appellant/Company
that he has taken action under the SARFAESI Act by filing an
application before the DRT, therefore, the present winding-up
petition was not maintainable. The learned Company Judge,
relying on the decision of the Apex Court in the case of
Allahabad Bank Vs. Canara Bank and another, AIR 2000 SC
1535 and order dated 20/11/2014, passed in Company
Petition No.9/2011 in the matter of winding-up of M/s. Zoom
Developers (Pvt.) Ltd. And UCO Bank, has held that the
winding-up petition was maintainable and passed the following
directions in Para 16, which reads as under:-