- 9 March 2018. Post on Monday, the 12th March, 2018, as prayed.
- 12 March 2018. As prayed, the matter is adjourned to enable the parties to work out an amicable settlement. List the matter on 26th March, 2018.
- 26 March 2018. Learned for the respondents has stated that the appellants may mention the valuation of the shares at which the respondent will either buy or sell the shares at its option. Learned counsel for the appellants seeks time to take instructions.
- 9 April 2018. List on 20th April, 2018. In the meantime, the appellants may be allowed inspection of the assets of the company.
- 20 April 2018. Post on Thursday, the 10th May, 2018.
- 10 May 2018. Post the matter in the next week before a Bench in which one of us (Hon. Indu Malhotra, J.) is not a member.
- 17 May 2018. List on Wednesday, the 29th August, 2018.
- 8 October 2018. List on Wednesday, the 9th January, 2019. Any sales that are made on assets will be subject to the final outcome of this case.
- 8 April 2019. List on Wednesday, the 10th April, 2019.
- 10 April 2019. List the appeals on 01st May, 2019.
- 1 May 2019. Having heard learned learned Senior Counsel appearing for the parties for sometime, we are of the view that the business of the Company needs to be valued. The parties are not ad idem as to the date on which such valuation should take place. According to Mr. N.K. Kaul, it should take place as at 31.03.2007 as has been
- 6 May 2019. Issue notice. Tag the matter along with Civil Appeal Nos.1487-1488 of 2018.
- 10 July 2019. We had, by our order dated 01.05.2019, appointed M/s. Ernst & Young to submit a Valuation Report on or before 30.06.2019. This report has not yet been submitted inasmuch as one of the parties has been approaching M/s. Ernst & Young and asking them to have a physical verification of assets. It is left to M/s. Ernst & Yo
- 25 February 2020. We have been told that M/s Ernst & Young has since submitted a Valuation Report. Let a copy of the report be given to the learned counsel for the parties. (R. NATARAJAN) (NISHA TRIPATHI) AR-cum-PS BRANCH OFFICER
- 2 March 2020. In view of the letter circulated by learned counsel for the appellants seeking adjournment for two weeks, the matters are adjourned for two weeks. List immediately after two weeks.
- 11 January 2021. List all the applications along with the Appeals for final disposal on Tuesday, the 9th February, 2021. Legible copies of the Valuation Report of M/s Ernst & Young is to be distributed to all the parties concerned.
- 9 February 2021. Learned counsel is permitted to file objections, if any, to the valuation report as has been submitted to this Court within a period of one week from today. List after one week.
- 18 February 2021. Counter Affidavit be filed within one week. Rejoinder Affidavit, if any, be filed within one week thereafter.
- 26 August 2021. A letter for adjournment has been circulated on the ground that the matter is likely to be resolved amicably. The same is objected by Mr. Deepak Jain, learned counsel for the respondents/Canara Bank. Learned counsel for the respondents/Canara Bank states that the application for modification of the interim order is pen
- 29 August 2022. List these matters in the week commencing 10.10.2022.
- 20 October 2022. List these matters on 12.01.2023. (SNEHA DAS) (RANJANA SHAILEY) SENIOR PERSONAL ASSISTANT
- 12 January 2023. Post the matter on 14.03.2023. In the meantime, learned counsel for the parties may file response to the application bearing I.A. No. 30364/2022 moved by Canara Bank.
- 21 March 2023. Issue notice on the Interlocutory Application No.50053/2023. The learned counsel appearing for the appellants as also the learned counsel appearing for the Creditor, Canara Bank, may file their response to this application within two weeks from today.
- 17 April 2023. List these matters on 14th July, 2023.
- 14 July 2023. Before we consider the application, we deem it appropriate to ask the learned counsel appearing for the Canara Bank to inform the status of the purported loan payment proposal given on behalf of respondent no. 1 – company. If any proposal is pending consideration, the same should be considered. If the proposal has been
- 12 March 2024. Issue notice. Mr. Deepak Joshi, learned counsel, who is present in Court, waives service and accepts notice on behalf of the non-applicants.
- 13 August 2024. Following a suggestion given by this Court during the hearing, learned counsel for the parties have obtained instructions and agree to the passing of the following consent terms: 1. A fresh valuation report will be obtained by the Canara Bank within a period of four weeks from today. The valuer will consider the valuat
- 20 December 2024. IA No. 289960/2024 We are not inclined to issue notice in the present application, but we observe that the applicant(s) would be at liberty to get in touch with prospective buyers, as has been noticed in the order dated 13.08.2024. The application is disposed of accordingly.
- 11 February 2025. Issue notice. Respondent No. 1-Company shall file an affidavit with specific regard to the sale of steel rollers and state whether the steel rollers, which were included in the valuation report, form part of the capital assets or the assets pledged with the bank. The sale price receipt and how the proceeds were utilize
- 2 May 2025. Learned Senior Advocate appearing for respondent No. 1-company seeks permission to withdraw the affidavit filed in compliance with the order dated 11.02.2025 and apologizes for some of the averments made therein, which are factually wrong and incorrect. In view of the statement made, the compliance affidavit filed on b
- The record also contains 3 further orders. Each file is listed on the Orders tab.
- Counsel named on these orders, not a complete vakalatnama, include the advocates listed below.
Advocates — Appellants: Mr. C.A. Sundaram, Mr. Neeraj Kishan Kaul, Mr. Abhimnayu Mahajan, Mr. Ashok Mathur, Mr. Deepak Joshi, Mr. Devanshu S., Mr. C.A. Sundram, Mr. Abhimanyu Mahajan, Mr. Devanshu Sajlan, Ms. Hansa Kaul, Mr. Amit Mathur, Mr. Devanshu Sajlam Advocates — Respondents: Mr. Shyam Diwan, Mr. Saurabh Kalia, Mr. Palash Agarwal, Mr. Vikas Mehta, Mr. Saurabh K., Mr. Jayant Mehta, Mr. Sameer Chaudhary, Mr. P. Agarwal, Mr. Shyam Divan, Mr. Rahul Ahuja, Mr. Shauym Divan, Mr. Sourabh Kalia
