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Appellant Vs. Respondent

Appellant vs Respondent

Type Court Judgment Court Kolkata Decided Nov 08, 2013
~2 min read
https://sooperkanoon.com/case/1097016

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Citation
Court
Kolkata High Court
Judge
Decided On
Subject
Company

Case Summary

AI-generated summary - not the official court judgment text.

Company

Key legal issue
Company

Parties & Advocates

Appellant / Petitioner

Appellant

Respondent

Respondent

Excerpt

order sheet in the high court at calcutta original jurisdiction original side cp329of 2013 m/s.jawala steel ltd.and b.n.s. enterprise before: the hon'ble justice harish tandon date : 8th november, 2013. ms.darshana sett, advocate mr.r.ginodia, advocate …for petitioner the court :-on the prayer of the company the direction for filing affidavit was passed. the time to file opposition was subsequently extended subject to the payment of the costs on 8.7.2013. the learned advocate appearing for the petitioner submits that neither the costs is paid nor the opposition is served upon the learned advocate-on-record of the petitioning creditor. the claim made in this winding up petition relates to the default in payment of the amount for the goods sold and delivered. the statutory notice is also not replied. the delivery challans as well as the invoices annexed to this winding up petitions shows that the goods were received by the company without any demur or protest. this court, therefore, presumes that the company have failed and neglected to pay the price of the goods and, therefore, is liable to be wound up. the winding up petition is admitted for a principal sum of rs.1,49,99,920/together with an interest @12% from the date of the respective invoices until payment. the company is directed to pay the aforesaid amount within three weeks from date. if the company liquidates the entire sum as indicated above this winding up petition shall remain permanently stayed. in default the petitioning creditor shall be entitled to advertise in newspaper once in “statesman” and another in “bartaman”. the petitioner shall indicate in the said publication that this winding up petition shall be returnable on the firs.available working day after the expiration of the four weeks from the date of said publication. the publication in the official gazette is dispensed with. (harish tandon, j.) gh.

Full Judgment

ORDER

SHEET IN THE HIGH COURT AT CALCUTTA ORIGINAL JURISDICTION ORIGINAL SIDE CP329of 2013 M/S.JAWALA STEEL LTD.AND B.N.S.

ENTERPRISE BEFORE: The Hon'ble JUSTICE HARISH TANDON Date : 8th November, 2013.

Ms.Darshana Sett, Advocate Mr.R.Ginodia, Advocate …for petitioner The Court :-On the prayer of the company the direction for filing affidavit was passed.

The time to file opposition was subsequently extended subject to the payment of the costs on 8.7.2013.

The learned Advocate appearing for the petitioner submits that neither the costs is paid nor the opposition is served upon the learned Advocate-on-record of the petitioning creditor.

The claim made in this winding up petition relates to the default in payment of the amount for the goods sold and delivered.

The statutory notice is also not replied.

The delivery challans as well as the invoices annexed to this winding up petitions shows that the goods were received by the company without any demur or protest.

This Court, therefore, presumes that the company have failed and neglected to pay the price of the goods and, therefore, is liable to be wound up.

The winding up petition is admitted for a principal sum of Rs.1,49,99,920/together with an interest @12% from the date of the respective invoices until payment.

The company is directed to pay the aforesaid amount within three weeks from date.

If the company liquidates the entire sum as indicated above this winding up petition shall remain permanently stayed.

In default the petitioning creditor shall be entitled to advertise in newspaper once in “Statesman” and another in “Bartaman”.

The petitioner shall indicate in the said publication that this winding up petition shall be returnable on the fiRs.available working day after the expiration of the four weeks from the date of said publication.

The publication in the official gazette is dispensed with.

(HARISH TANDON, J.) GH.

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