In Re: Pharmaceutical Products of India Ltd.

Decided On : Feb-13-2006

Court : Mumbai

LAW: Section 391, the Companies Act, the Companies Act, the Drugs Act and Rules, Section 391, the Companies Act, Section 81(1A, the Companies Act, Section 391 of the Act, Section 391, the Companies Act, Section 391 of the Act, Section 391, the Companies Act, Section 391, the Companies Act, Section 15, Section 32, the Companies Act, the Companies Act, the Companies Act, Section 22(1, the Companies Act, Section 529A, the Companies Act, the Companies Act, the Companies Act, the Companies Act, Section 529A of the 1956 Act.12, the Companies Act, Section 25, the Companies Act, the Companies Act, the Companies Act, Section 77A, the Companies Act, Section 77A, Section 391, Section 77A, Section 391, Section 18, Section 19 of the Act of, Section 18 of the Act, Section 18 of the Act of, Section 19(1, Section 391, the Companies Act, Section 391, Section 391, Section 391, the Companies Act, the Companies Act, Section 391, the Negotiable Instruments Act, Section 391(1

PERSON: A.M. Khanwailkar, J.1, Wanbury Limited, Wanbury Limited, Metformin, Tramadol, Promethazine, Sertraline, Wanbury Limited, Metformin, Wanbury Limited, Wanbury Limited, Wanbury Limited, Wanbury, 5,82,00,000, Marwah Industrial Estate, Saki Naka, Wanbury Limited, Wanbury, Wanbury, Wanbury, Wanbury, Wanbury, Wanbury, Mode, Wanbury, Wanbury, Wanbury, Wanbury, Wanbury, Wanbury, Wanbury, Wanbury, Wanbury, Wanbury Limited, Wanbury Limited, Wanbury, Wanbury, Wanbury, Wanbury, Sharing, Wanbury, Wanbury, Wanbury, Wanbury, Wanbury, Wanbury, Wanbury Limited, Wanbury, Marwah Industrial Estate, Saki Naka, Wanbury Limited, Wanbury, Wanbury, Wanbury, Dues, Wanbury, Wanbury, Abhyudaya Co-op, Wanbury, Abhyudaya Co-op, Wanbury, Wanbury, Wanbury, Wanbury, Wanbury Limited, Wan, Wanbury, A.P. Kothari, creditors.14, R.R. Kamani, S.U. Kamdar, Sitarama Raju v. Board, S.U. Kamdar, S.U. Kamdar, Counsel, Counsel, Miheer H. Mafatlal, Wanbury Limited, Wanbury Limited, Wanbury Limited, Wanbury Limited, Wanbury Limited, Wanbury Limited, Wanbury Limited, Wanbury Limited, Wanbury Limited, Wanbury Limited, Virag Tulzapurkar, Sham Mehta, Birendra Saraf, Shrikant Chavan, Damani, I. C. I. C. I. Bank Ltd., para, Miheer H. Mafatlal, Darshana Praful, Miheer H. Mafatlal, Dodd, Wanbury Limited, Wanbury Limited, Wanbury Limited, Wanbury Limited

DATE: 1956, May 15, 1986, 1956, July 14, 1986, March 31, 2005, the year 1986, the years, October 27, 2004, the last few months, April 14, 2005, 1956, 1956, 58,200,00, three weeks, 30 days, 30 days, the end of two years, the end of three years, 30 days, 30 days, between 18 months, 36 months of the date, the 3 months, weekly, the end of 36 months, 48 months, this scheme.10, the same day, April 14, 2005, 2005, April 29, 2005, Saturday June 4, 2005, Saturday June 11, 2005, 1956, March 31, 2004, May 17, 2004, 1985, 1994, 1994, 1989)ILLJ47SC, 1985, November 17, 2005, 2005, 2005, 1956, 1994, 1994, 1985, 32, 1985, 1956, 1956, 2005, 1985, 1956, 2003, 2003, 1992, 1985, 1985, 1985, 1985, 1994, last over 8 years, 1985, 2005, August 18, 2005, August 29, 2005, August 19, 2005, September 16, 2005, August 28, 2001, September 19, 2005, 1997, April 20, 1998, September 15, 2005, September 19, 2005, May 17, 2004, 1981, 2002, 2003, 2002, 2003, 1892, 1970, 12, 13, 14, 12, 13, 14, 1970

ORG: Court, AuthorisedFigures, Salsalate, Amytriptaline, World, API, Asset Reconstruction Company, Industrial Investment Bank of India, Unit Trust of India, UTI, Bank of India (BOI, Bank of Baroda (BOB, Union Bank of India, UBI, PPIL, Wanbury Limited of Rs, Non Convertible Debentures, Optionally Fully Convertible Debentures, PPIL, Neeldeep Plastics, TTC Industrial Area, MIDC, Turbhe, PPIL, Neeldeep Plastics, III, PPIL, PPIL, PPIL, PPIL, PPIL, Unit Trust of India, 28,758,889 Bank of India, 514.181 2,483,137 Bank of Baroda, Union Bank of India, Unit Trust, Union Bank of India, the High Court of Judicature, Lenders Equity, Unit Trust of India, Bank of India, Bank of Baroda, Union Bank of India, Non Convertible Debentures, Non Convertible Debentures, Unit Trust of India, Bank of India, Union Bank of India, Optionally Fully Convertible Debentures, BSE, PPIL.(c, Clauses 3.2(e, PPIL, Unit Trust of India 21.92, Bank of India 1.89 per cent, Bank of Baroda 5.55 per cent, Union Bank of India, PPIL, Clauses 3.2(e, Wanbury Limited, Clauses 3.2(e, Court.6.2, Clauses 3.2(e, PPIL, the High Court of Judicature, PPIL, the High Court of Judicature at Bombay.(c) Sanctions, PPIL, the High Court of Judicature, the High Court of Judicature, PPIL, lakhs)Asst Reconstruction Company, Investment Bank of India Ltd., IIBI, India 229Bank, Baroda 2,644Union Bank of India 437LIC- Asset Management Company 1,109Life Insurance Corporation of India 1,250General Insurance Corporation of India 173New India Assurance, Mutual Fund582LIC Housing Finance264Army Group Insurance Fund384ICCI, Bank Limited48Indusind Bank Ltd., PPIL, Neeldeep Plastics, TTC Industrial Area, MIDC, Turbhe, III hereto.3.3 Terms, PPIL, PPIL, PPIL, PPIL, PPIL, Unit Trust, Bank of India 58,802 Bank of Baroda 1,796,214 Union Bank of India 317,352 LIC- Asset Management Company 467,346 Life Insurance Corporation of India 584,182 General Insurance Corporation of India 70,102 New India Assurance, United India Insurance, GIC, LIC Housing Finance 116,836 Army Group Insurance Fund, Bank 623,907 Ind Bank Merchant Banking Services, Bank Limited 53,044 Indusind Bank Ltd., India58,802Bank of Baroda1,796,214Union Bank of India317,352LIC- Asset, Group Insurance Fund, Bank 623,907Ind Bank Merchant Banking Services Limited, Bank Limited 53,044Indusind Bank Ltd., PPIL, Unit Trust of India 1.22 per cent, Bank of India 0.04 per cent, Bank of Baroda, Union Bank of India 0.24 per cent, LIC-Asset Management Company, Life Insurance Corporation of India 0.45 per cent, General Insurance Corporation of India 0.05, New India Assurance, United India Insurance, GIC Mutual Fund 0.18 per cent, LIC Housing Finance, Army Group Insurance Fund 0.18, Bank 0.48 per cent, Ind Bank Merchant Banking Services, Bank Limited 0.04 per cent, Indusind Bank Ltd., PPIL, Court, Clause 5.1.2(b, PPIL, the High Court of Judicature at Bombay.(b, PPIL, the High Court of Judicature at Bombay.(c) Sanctions, PPIL, the High Court of Judicature, the High Court of Judicature, Court, Civil Application Nos, Riverview Hotel at, Court, Court, the Free Press Journal, Court, Court, the Unit Trust of India, UTI, UTI, pari passu basis, UTI, UTI, UTI, the Sick Industrial Companies (Special Provisions, UTI, Optional Fully Convertible Debentures, UTI, UTI, UTI, CDR, OTS, the Reserve Bank of India, UTI, UTI, Court, the Rajasthan High Court, Union of India, Krishna Mills Ltd., Learned Counsel, UTI, Court, UTI, Court, Court, Board, Court, Court, UTI, UTI, Court, Sharp Industries Ltd., Company Petition No, Court, National Organic Chemical Industries Ltd., Nocil Employees Union, Industrial and Financial Reconstruction, the Andhra Pradesh High Court, Court, UTI, the Rajasthan High Court, Union of India, Krishna Mills Ltd., the High Court, the Board, specialibus, Board, the Appellate Authority, the Sick Industrial Companies (Special Provisions, Legislature, Parliament, UTI, Court, Sharp Industries Ltd, the Rajasthan High Court, National Organic Chemical Industries Ltd., Nocil Employees Union, Sharp Industries Ltd, the High Court, Reliance, Securities and Exchange Board, Sterlite Industries, SCL, Learned Counsel, Board, Court, Court, Court, UTI, UTI, UTI, the Debts Recovery Tribunal, UTI, UTI, UTI, UTI, UTI, UTI, Sharp Industries Ltd, Karanjai, Ulipur Bank Ltd., Videocon International Limited, D.A. Swamy, India Meters Ltd., Mafatlal Industries Ltd., UTI, UTI, Bank of India, Bank of Baroda, Union Bank of India, UTT, UTI, Wanbury Limited of Rs, UTI, UTI, the Reserve Bank of India, UTI, UTI, Wanbury Limited, Court, UTI, Court, UTI, Court, UTI, UTI, Clauses, Tata Finance Ltd., Pedilite Industries Ltd., Ludhram Finance Ltd., UTI, Indusind Bank Ltd., The Pedilite Industries Ltd., Court, Tata Finance Ltd., Court, Pearl Organics Limited, Pearl Organics Ltd., Budhram Finance Ltd., Court, UTI, Indusind Bank Ltd., UTI, the Debts Recovery Tribunal, UTI, UTI, UTI, UTI, UTI, UTI, Interveners Pedilite Industries, Pedilite Ind Ltd., Indusind Bank, Court, Sakamari Steel and Alloys Ltd., the Gujarat High Court, Gujarat Lease Financing Ltd., Court, Reliance, Court, the Delhi High Court, Court, Reliance, Mayfair Ltd., Court, Mafatlal Industries Ltd., Reliance, the Gujarat High Court, Gujarat Lease Financing Ltd., the Gujarat High Court, Buckley, Kenia v. Alstom Power India Ltd., Mafatlal Industries Ltd., Sovereign Life Assurance Co., Suffice, Court, Court, Court, Learned Counsel, the Gujarat High Court, Maneckchowk and Ahmedabad, Buckley, Reliance, Wipro Finance Ltd, Suman Motels Ltd., the Division Bench, Bar, Pearl Organic Limited, Pearl Organic Limited, Wanbury Limited, Pearl Organics Ltd., Court, GPI, UTI, UTI, the Gujarat High Court, Maneckchowk and Ahmedabad

CARDINAL: 100, 100, 10,00,00,00020,00,000, 100, 10, 100, 12,03,40,9003, 40, 200, six, 10,360, 973, 3,000, 233, 2,655, 436, 24,064,470, two, 97,00,200, ninety-seven, two hundred, 64,668, 10, 140, 2,42,50,000, two, forty two, fifty thousand, Zero, five, eighty two, Zero, 275.17, 212, 400 072, II, 400 705, 9.1, 3.2, 5,988,492, 583,222, 3,499,258, 1,446,869 6,987,374, 14,402,376, 1,243,549, 5,302,438, 95,483, 469,160, 193,988, 936,826, 9,700,200, 4,064,470, 4.2, 2,25,80,000, two, twenty five, 5.1, 5.1.1, 24,064,470, two, 14,856,382, 1,446,869, 193,988, 9(1, 15, 10, 140, 39,923, 583,222 3,888, 16,003, 1,382, 442,584, 2,951, 78,195, 521, 9,700,200 64,668, Zero, Zero, 100, 60, 40, 60, 40, 14,970,921 149,709, 1,458,024 14,580, 60,010, 5,181, 11,064, 1,095,483 1,055, 24,250,000, 5.1.4, Zero, 1,000, 35,930, 3,499,258, 3,499, 14,402,376 14,402, 1,243,549 1,244, 2,655,447 2,655, 469,160, 469, 58,200,000 58,199(b, 125, 10, less than 25, two, 1:1, 2,258, 2,00,00,000, two, 6.1, 5, 6.1, 9.1, 18, 13,998Industrial, 204United, 150.03, one hundred fifty, three thousand, 275.17, 212, 400 072, II, 400 705, 3.2, 7,896,480, 240,591, 81,786, 81,786, 233,673, 233,673, 73,140, 15,002,966, 4.2, 2,25,80,000, Two, twenty five, 1956.5, 5.1, 5.1.1, 150.03, 81,786GIC, 233,673LIC, 73,140Total, 15,002,9665.1.2, 2,25,80,000, two, twenty five, 25,80,000, twenty-five, 6.1, 5, 6.2, 6.1, 9, 9.1, 10, 9.1, two, 281, 282, six, six, 17,657, five, 14,657, one, 3,000, more than 3/4ths, 12, 12, 24,512, eight, 20,027, four, 4,485, more than 3/4ths, six, one, 600.00, 200.00, 27,31,51,538, 8, 3.3, 46, 75.61, 24, 60, 144.02, 8, one, 81, 50, 4, 296, two, two, 126, 552, 16, 31, two, two, two, one, two, 18, 81, 50, 4, 296, 8 and 10 to 12, 8, 10 to 12, 59, 8, 10, 11, 32, two, 22(1, 32(1, 16, 19, 22(1, 32(1, 25, 65, 81, 25, 1, 20, 126, two, 113, 273, 45, 475, up to, 2, 3, 4, 100, 23, 100, 1, one, 1, 8), transferee, one, 600, 200, five, 600, five, 21, 556, only one, 79, 27, one, 38, 24, five, 64,668, 10, 140, 97,00,200, zero, 2,42,50,000, zero, one, 235, 251, 469, 18, five, five, three, 18, One, 10, three, three, two, two, two, 175, two, 51, 266, three, 50, 150, 115, 136, 2002(4)BomCR403, 9, 34ths, 13, 14, 2004(2)BomCR235, 38, 50, 150, 115, 136, 24, 406, 2003(5)BomCR421, 17, only two, transferee, One, two, two, two, one, one, 2, three, 18, 18, 18, 38, 40, 819, 873, 1999(4)BomCR1, 7, 16, 16, about 4,000, 150.03, two, 150.03, 40, 819, 901

GPE: India, Wanbury Limited, Mumbai, Navi, Clause, Clause, Mumbai, ROC, Bombay, India, Mumbai, Navi, Clause, Clause, Clauses 3.2(b, Clauses 3.2(b, Clauses 3.2(b, Clauses 3.2(b, Clauses 3.2(b, ROC, Bombay, Clause, Patalganga, District Raigad, Patalganga, District Raigad, value.11, number.12, Navnit R. Kamani, Counsel, Sections, Sections, Sections, Counsel, para, Haricharan, granted.27, debts.36, para, above.39

LOC: North America, Europe

NORP: PPIL, PPIL, III, PPIL, PPIL, PPIL, PPIL, PPIL, PPIL, PPIL, PPIL, PPIL, PPIL, PPIL, PPIL, PPIL, Indian, Indian, PPIL, PPIL, PPIL, PPIL, PPIL, PPIL, PPIL, K., Similar

QUANTITY: 339 sq. meters, 339 sq. meters

PERCENT: 24,064,470 50 per cent

MONEY: fifty per cent, 50 per cent, fifty per cent, 67 per cent, 52.90 per cent, 5.33 per cent, 88.57 per cent, 0.18 per cent, 0.36 per cent, 0.06 per cent, 0.06 per cent, 0.09 per cent, 0.36 per cent, 0.06 per cent, 11.43 per cent, 16 per cent, 18.5 per cent, 16 per cent, 18.5 per cent, 18.5 per cent, 16 per cent, only 37.5 per cent, 25 per cent, 16 per cent, 18.5 per cent, 18 per cent, 37.5 per cent, 37.5 per cent, 18 per cent, 16 per cent

FAC: 5.15(a, Clauses 4, Clauses 5.1.5(a, Clauses 4, the Riverview Hotel, Sections 22, Sections 22, Serial Nos, Serial Nos

WORK_OF_ART: 3.1 Amounts

TIME: 11.30 a.m., 11.30 a.m.

ORDINAL: first, first, second, first, first, Firstly, Secondly, third, first, first, third, second, second, third, second, third, first, second

EVENT: the 1985 Act, the 1985 Act, the 1985 Act, the 1985 Act

PRODUCT: SICA.23