2019 (1) TMI 628

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....SANJEEV NARULA, J.: CM APPL. 54352/2018 (exemption) 1. Exemption allowed, subject to all just exceptions. CM APPL. 54353/2018 2. For the reasons stated in the application, the delay in filing the appeal is condoned and the application is disposed of. CO.APP. 31/2018 3. The present Appeal impugns the judgment passed in Company Petition No. 896/2015 that was decided along with the ....

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....the Inter-Corporate Deposit. Unable to repay the outstanding dues, the Appellant sought extension for repayment of the aforesaid amount and issued post dated cheques. Thereafter, a post dated cheque for Rs. 45 lacs dated 30th September 2010 was issued, but the same was dishonoured and returned unpaid. The aforesaid amount along with interest remained due and outstanding. The Appellant received a c....

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....he winding up petition being No.896/2015, the Learned Company Judge noticed that the facts and issues arising in both the petitions are similar, and therefore the reasons recorded in the order passed in Company Petition No. 861/2015 were made applicable to Company Petition No. 896/2015. The learned Single Judge admitted the petition and appointed a provisional liquidator for taking over all the as....