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Nov 17 2005

In Re: Sharp Industries Ltd.

Court : Mumbai

Appellant : In Re: Sharp Industries Ltd.

Decided on : Nov-17-2005

Subject : Company

Acts : Companies Act, 1956 - Sections 102, 390, 391, 391(2), 391(6), 392, 393, 393(1) and 394; Sick Industrial Companies (Special Provisions) Act, 1985 - Sections 15, 16, 17, 18, 19, 22, 32 and 26; Contract Act - Sections 128

Reported in : [2006]131CompCas535(Bom); [2006]67SCL353(Bom)

A.M. Khanwilkar, J.1. The Petitioner has approached this Court to sanction the modified and amended scheme of compromise/arrangement as amended between Sharp Industries Limited the Petitioner Company and its secured, unsecured, statutory creditors and equity shareholders....

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