2020 (9) TMI 81

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.... For the Respondents: Mr. Sanjeev Kuthiala, Senior Advocate, with Ms.Rachna Kuthiala, Advocate, for the Official Liquidator, through Video Conferencing None for other respondents ORDER Vivek Singh Thakur, J ( Oral ) This review petition has been filed against judgment dated 06.03.2020, by stating therein that petitioners reasonably found and believed that this Court while dealing wit....

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....mpugned judgment has not construed the legislative intent in right perspective. It is also averred that petitioners are admittedly the secured creditors and, thus, their rightful preferential claim cannot be ignored and denied and petitioners reasonably believe that sale proceeds lying with the Official Liquidator are from the sale of assets mortgaged by the Company in liquidation with the secured....

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....e of the petitioners or could not be produced by them during hearing despite their best efforts and due diligence or discovery of mistake or error apparent on the face of record or any other analogous sufficient cause. 4. It is evident from the grounds raised for reviewing the judgment that petitioners are trying to re-argue the points, which have already been decided by this Court, after consi....

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....onsidering pronouncements of the Apex Court as well as provisions of law applicable to the case, cannot be termed having apparent error on the face of record. 7. Though, I am of the considered view that there is no error in interpreting the relevant provisions of law and appreciating pronouncements of the Apex Court, however, even if, plea of petitioners is accepted that there is incorrect inte....