1996 (8) TMI 418

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... the Appellant. Official Liquidator for the Respondent. JUDGMENT Sat Pal, J. - By this judgment, we are disposing of two appeals bearing Company Appeal No. 16 of 1995 and Company Appeal No. 17 of 1995 as both the appeals are directed against the common judgment dated April 27, 1995, passed by the learned company judge in C.P. Nos. 155 and 156 of 1994. Briefly stated, the facts of the c....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....erest of justice that the civil suits filed by the bank which are pending in the High Court of Delhi were transferred to this court. By the impugned judgment, the learned company judge accepted the contentions of the official liquidator and ordered to transfer the aforesaid two suits pending in the Delhi High Court to this High Court for continuation. The Registry of the Delhi High Court was direc....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... judgment of the Supreme Court in Central Bank of India v. Elmot Engineering Co. [1994] 81 Comp Cas 13 ; [1994] ISJ (Banking) 664. The official liquidator who appeared in person reiterated the submissions made before the learned company judge. We have given our thoughtful consideration to the submissions made by learned counsel for the appellant and by the official liquidator and have perused t....