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1 - 9 of 9 (0.34 seconds)Section 434 in The Companies Act, 1956 [Entire Act]
Tata Iron And Steel Co. vs Micro Forge (India) Ltd. on 2 March, 2000
COMP/303/2008 8/23 ORDER
(iii) TATA IRON & STEEL COMPANY LTD. Vs.
MICRO FORGE (INDIA) LTD. 2000(2) GLR
1594;
(vi) DLF INDUSTRIES LTD. Vs. ESSAR STEEL
LTD., 1999(3) GLR 1968;
Dlf Industries Limited vs Essar Steel Limited on 17 April, 1998
COMP/303/2008 8/23 ORDER
(iii) TATA IRON & STEEL COMPANY LTD. Vs.
MICRO FORGE (INDIA) LTD. 2000(2) GLR
1594;
(vi) DLF INDUSTRIES LTD. Vs. ESSAR STEEL
LTD., 1999(3) GLR 1968;
American Express Bank Ltd. vs Core Health Care Ltd. on 15 September, 1997
(i) AMERICAN EXPRESS BANK LTD. Vs. CORE
HEALTH CARE LTD., 1999(96) Company Cases
841;
Shantilal Khushaldas And Bros. Pvt. ... vs Smt. Jayabala Suresh Shah And Another. on 17 December, 1993
18. Two judgements were relied upon by the learned
counsel Mr. Panesar; one is the decision of the
Bombay High Court in the case of Shantilal
Khushaldas and Bros. Pvt. Ltd Vs. Smt. Jaybala
Suresh Shah & Anr. reported at 90(1997) Company
Cases 399 which is not applicable at all to the
COMP/303/2008 20/23 ORDER
facts of the present case. As observed earlier,
in the present case, there is express deeming
fiction by way of admission on the part of the
respondent Company to be unable to pay the
outstanding debt upon the failure to pay the
installments as agreed as per the consent terms
with a further clause of allowing revival of the
Company Petition for winding up. Such were not
the fact situation in the aforesaid case upon
which the reliance is placed by Mr. Panesar and
therefore, the same is of no help to the
respondent Company.
Midwest Leasing Limited vs Ambalal Sarabai Enterprises Ltd. on 18 April, 2001
(vi) M/s. MIDWEST LEASING LIMITED Vs.
AMBALAL SARABHAI ENTERPRISES LTD.,
2001(4) GLR 3441;
Registrar Of Companies vs Navjivan Trading Finance Pvt. Ltd. on 17 August, 1977
(ii) NAVJIVAN TRADING FINANCE PVT. LTD., In
re REGISTRAR OF COMPANIES Vs. NAVJIVAN
TRADING FINANCE PVT. LTD. 1978(48)
Company Cases 402;
Asian Bearing Co. vs Vasant Engineering (P) Ltd. on 28 January, 1998
19.The another decision relied upon by Mr.Panesar
is in the case of Asian Bearing C. Vs. Vansant
Engineering Pvt. Ltd. reported at 104 (2001)
Company Cases 262, wherein based on the consent
terms, the Company Petition was withdrawn and
therefore, the view was taken by the Court that
it will not be a contempt of Court. Such is not
the fact situation in the present case. In the
present case, after the consent terms were
filed, the petitions or the OJ Appeals are not
withdrawn, but based on the consent terms, the
OJ Appeals as well as the Company Petitions are
disposed of in terms of the consent terms.
Therefore, when the consent terms are made as a
part of the order of this Court, the said
decision, which relates to the withdrawal of the
petition would not be of any help to the
respondent Company.
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