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In Re: H.W. Builders Ltd.

Type Court Judgment Court Jharkhand Decided Jan 13, 2005
~2 min read
https://sooperkanoon.com/case/514986

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Citation
Court
Jharkhand High Court
Judge
Decided On
Case Number
Company Petition No. 2 of 2004
Subject
Company

Case Summary

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

Companies Act, 1956, Sections 100 to 103 - Confirmation of reduction of paid up capital in terms of Special Resolution--Notice published in Newspapers--None else appeared--Held--Special resolution confirmed--Approved-Delivered to Registrar of Companies for Registration. - MOTOR VEHICLES ACT, 1988[C.A.No.59/1988] ...

Key legal issue
Company
Acts & sections
Company Law

Parties & Advocates

Appellant / Petitioner

In Re: H.W. Builders Ltd.

Advocate Rajiv Ranjan, Adv.

Legal References

Acts
Company Law
Reported In
2005(1)BLJR416; [2005(1)JCR499(Jhr)]

Excerpt

companies act, 1956, sections 100 to 103 - confirmation of reduction of paid up capital in terms of special resolution--notice published in newspapers--none else appeared--held--special resolution confirmed--approved-delivered to registrar of companies for registration. - motor vehicles act, 1988[c.a.no.59/1988] section 166; [a.k. patnaik, cj, a.k. gohil & s. samvatsar, jj] application for compensation for personal injury death of injured claimant subsequently for some other reasons held, claim for personal injury will abate on the death of claimant. claim will not survive to his legal representative except as regards claim for pecuniary loss to estate of claimant. - in terms of special resolution, passed in an extra-ordinary general meeting of the company, held on thursday, 27th day of march, 2003 at the registered office of the company at sneh mian, telephone exchange road, dhan-bad-826001 (jharkhand) and upon going through the petition and on hearing, on 24th june, 2004 it was ordered to publish the notice in two leading national newspapers;orders.j. mukhopadhaya, a.c.j.1. upon the above petition of h.w. builders limited, the petitioner-company, above named, presented this court on 16th february, 2004 for confirmation of reduction of paid-up capital of h.w. builders ltd. in terms of special resolution, passed in an extra-ordinary general meeting of the company, held on thursday, 27th day of march, 2003 at the registered office of the company at sneh mian, telephone exchange road, dhan-bad-826001 (jharkhand) and upon going through the petition and on hearing, on 24th june, 2004 it was ordered to publish the notice in two leading national newspapers; one in english and another in hindi, informing the concerned persons as to why appropriate order be not passed. notice of hearing of the petition was published in the newspapers 'hindustan times' (english) and 'hindustan' (hindi), both ranchi edition, on 27th july, 2004, and upon reading the affidavit, filed by the petitioner-company along with the certified copy of the resolution, passed as special resolution at the extra-ordinary general meeting of the h.w. builders, ltd., held on thursday, 27th day of march, 2003 at dhanbad and other enclosures attached and upon hearing mr. rajiv ranjan, advocate for the petitioner- company and no share holder or creditor or other person entitled to appear at the hearing of the said petition, appearing this date either in support of the said petition or to show cause against the same, this court doth hereby

Full Judgment

ORDER

S.J. Mukhopadhaya, A.C.J.

1. UPON the above petition of H.W. Builders limited, the petitioner-company, above named, presented this Court on 16th February, 2004 for confirmation of reduction of paid-up capital of H.W. Builders Ltd. in terms of special resolution, passed in an Extra-ordinary General Meeting of the Company, held on Thursday, 27th day of March, 2003 at the registered office of the Company at Sneh Mian, Telephone Exchange Road, Dhan-bad-826001 (Jharkhand) AND UPON GOING THROUGH THE PETITION AND ON HEARING, on 24th June, 2004 it was ordered to publish the notice in two leading National Newspapers; one in English and another in Hindi, informing the concerned persons as to why appropriate order be not passed. Notice of hearing of the petition was published in the Newspapers 'HINDUSTAN TIMES' (English) and 'HINDUSTAN' (Hindi), both Ranchi Edition, on 27th July, 2004, AND UPON READING the affidavit, filed by the petitioner-company along with the certified copy of the resolution, passed as special resolution at the Extra-ordinary General Meeting of the H.W. Builders, Ltd., held on Thursday, 27th day of March, 2003 at Dhanbad and other enclosures attached AND UPON HEARING Mr. Rajiv Ranjan, Advocate for the petitioner- Company AND no share holder or creditor or other person entitled to appear at the hearing of the said petition, appearing this date either in support of the said petition or to show cause against the same, THIS COURT DOTH HEREBY

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