Kee Pharma Ltd vs Cbz Chemicals Ltd Supreme Court Orders on 29 January, 2018

Kee Pharma Ltd vs Cbz Chemicals Ltd Supreme Court Orders on 29 January, 2018


     ITEM NO.9                                   COURT NO.11                  SECTION XIV

                                    S U P R E M E C O U R T O F           I N D I A
                                            RECORD OF PROCEEDINGS

                          SPECIAL LEAVE PETITION (CIVIL) Diary No(s). 42406/2017

     (Arising out of impugned final judgment and order dated 06-11-2017
     in COA No. 12/2017 passed by the High Court Of Delhi At New Delhi)

     KEE PHARMA LTD                                                            Petitioner(s)


     CBZ CHEMICALS LTD                                                         Respondent(s)


     Date : 29-01-2018 This petition was called on for hearing today.

     CORAM :
                             HON'BLE MR. JUSTICE ROHINTON FALI NARIMAN
                             HON'BLE MR. JUSTICE NAVIN SINHA

     For Petitioner(s)                   Mr.   Arvind Datar, Sr. Adv.
                                         Mr.   Shivam Singh, Adv.
                                         Mr.   Kapil Wadhwa, Adv.
                                         Mr.   Aditya Raina, Adv.
                                         Ms.   Devyani Nath, Adv.
                                         Mr.   Gopal Singh, AOR
     For Respondent(s)

                              UPON hearing the counsel the Court made the following
                                                 O R D E R

Delay, if any, is condoned.

Issue notice.

Mr. Arvind Datar, learned Senior Advocate, appearing on behalf of the petitioner, states that if time is extended for a further period of three months from today, he will make the necessary Signature Not Verified deposit of the amount mentioned in the impugned order dated Digitally signed by VISHAL ANAND Date: 2018.01.30 16:30:27 IST Reason:

06.11.2017 with interest thereon @ 8% per annum w.e.f. 26.05.2012 till payment.

In view of this statement, we stay the winding up process including the appointment of the Provisional Liquidator. However, we make it clear that, in case this amount is not deposited along with interest before the Registry of this Court within the stipulated time, the Special Leave Petition will stand dismissed without further reference to the Court.

(R. NATARAJAN)                                  (SAROJ KUMARI GAUR)
COURT MASTER (SH)                                  COURT MASTER

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