Court : Delhi
Decided on : Mar-30-2012
..... as under the long term agreement (lta) dated 23rd april 2007 (lta 217/2007) between the parties which forms the subject matter of the present dispute. after the acquisition by the cvrd group of vale, vale acted as the producer under the agreement and amci pty. ltd. (amci) which was the newly formed subsidiary of amci australia pty ..... suppliers. relying on mccloskeys coal report of october 28, 2008, it was said that sail was pushing back stems (a term used in maritime transportation to mean shipping/loading arrangements) as the demand for steel had declined. the respondents therefore said that sail had never intended to take up the respondents various offers for the short-delivered ..... able to deliver 0.3 million mt of hard coking coal as contracted under the lta dated 23rd april 2007 in the fdp. it had tentatively planned a shipping schedule for the 0.7 million mt to be supplied between july 2007 and june 2008. amci requested deferral of all tonnage commitments for the 2008 and 2009 .....
Tag this Judgment!Court : Delhi
Decided on : Jan-23-2012
.* HIGH COURT OF DELHI: NEW DELHI % Judgment decided on: 23.01.2012 + W.P.(C) No.6742/2000 M/S ASHOKA ESTATE PVT. LTD. and ORS. ......Petitioners Versus UNION OF INDIA and ORS .....Respondents AND + W.P.(C) No.6671/2000 PUSHPA VADERA ..... Petitioner Versus UOI and ORS .... Respondents AND + W.P.(C) No.7636/2000 KAILASH NATH and ASSOCIATES ..... Petitioner Versus UOI and ORS ..... Respondents AND W.P.(C) No. 6742/2000 etc. Page 1 of 31 + W.P.(C) No.7649/2000 M/S ANSAL PROPERTIES and INDUSTRY ..... Petitioner Versus UOI and ORS ..... Respondents AND + W.P.(C) No.7717/2000 M/S ANSAL PROPERTIES and INDUSTRY ..... Petitioner Versus UOI and ORS ..... Respondents AND + W.P.(C) No.7718/2000 M/S ANSAL PROPERTIES and INDUSTRY ..... Petitioner Versus UOI and ORS ..... Respondents AND + W.P.(C) No.7747/2000 M/S SAGOON BUILDER P. LTD. ..... Petitioner Versus UOI and ORS ..... Respondents W.P.(C) No. 6742/2000 etc. Page 2 of 31 AND + W.P.(C) No.1082/2001 BRIG. HARBANS BAHADUR and ORS ..... Petition...
Tag this Judgment!Court : Delhi
Decided on : Mar-21-2012
RAJIV SAHAI ENDLAW, J. 1. The appellant appeals against the judgment dated 4th March, 2011 of the Learned Company Judge in the Co.Pet.No.248/2009 preferred by the respondent under Section 433(e) r/w Section 434 of the Companies Act, 1956 whereby Provisional Liquidator of the appellant Company has been appointed and the Directors and officers of the appellant Company have been restrained from selling, parting with possession or creating third party interest in respect of moveable and immovable properties/assets of the appellant Company. Notice of this appeal was issued and on 13th September, 2011 the counsel for the respondent gave an assurance that further hearings of the company petition before the Learned Company Judge would be got adjourned and the Official Liquidator may not takeover charge of the assets of the appellant till the disposal of this appeal. 2. The respondent, in the company petition aforesaid, averred the appellant to be unable to pay its debts of 215,375,000 - CZK (...
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