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IN THE MATTER OF DAS'S FRIENDS BUILDERS (P) LTD & OTHERS versus D.C. AGARWAL & OTHERS

High Court of Judicature at Allahabad

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In The Matter Of Das'S Friends Builders (P) Ltd & Others v. D.C. Agarwal & Others - COMPANY APPEAL No. 2 of 2003 [2006] RD-AH 3918 (20 February 2006)

 

This is an UNCERTIFIED copy for information/reference. For authentic copy please refer to certified copy only. In case of any mistake, please bring it to the notice of Joint Registrar(Copying).

HIGH COURT OF JUDICATURE OF ALLAHABAD

Hon. Sunil Ambwani, J.

In this pending company appeal against the order dated 29.8.2003 passed by the Company Law Board this Court has been repeatedly requesting the Board to decide the matter expeditiously.  The order passed on 18.9.2003 have been reiterated many times in last three years with last orders passed on 5.10.2005, 7.11.2005 and 19.12.2005.

It is contended that the Company Law Board  again extended the time for valuation of shares by 31.3.2006.

Let this be the last extension.    In case the valuation is not made by that date, the Company Law Board made draw adverse inference and conclude the proceedings either way as it may consider proper.

The Company Law Board is reminded with the fact that any request made by the Court is to be treated as an order passed by the High Court and that the Company Law Board will do well to decide the matter, rather to repeatedly grant accommodation.

List on 17.4.2006.

Dt.20.2.2006


Copyright

Reproduced in accordance with s52(q) of the Copyright Act 1957 (India) from judis.nic.in, indiacode.nic.in and other Indian High Court Websites

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