Alagendran Exports Pvt.Ltd. VS. State Of Kerala

Supreme Court of India

Case Law No.2801, Reporting JudgeS.H. Kapadia

Linked as:

Extract

Alagendran Exports Pvt.Ltd. VS. State Of Kerala

The Judgement Information System REPORTABLE

IN THE SUPREME COURT OF INDIA

CIVIL APPELLATE JURISDICTION

CIVIL APPEAL NO.2801 OF 2002

DCM Financial Services Ltd.

Versus Neel Kamal Plastics Ltd. & Anr.

JUDGMENT

AFTAB ALAM,J.

1. This appeal is directed against the orders passed by the Punjab &

Haryana High Court asking the appellant to deposit in court the sum of Rs. one crore that it had received in connection with the sale of the property of

M/s. Pure Drinks (New Delhi) Ltd. (respondent no.2), for the liquidation of which a proceeding remains pending in the High Court. The first order in this regard was passed by a learned Single Judge on 14 March, 2000 on an application made by Neel Kamal Plastics Ltd. (respondent no.1), one of the several creditors of the second respondent, M/s.Pure Drinks (New Delhi) Ltd. (hereinafter referred to as `the Debtor Company'). By this order the appellant was directed to deposit the aforesaid amount in twelve equal monthly inst...

See the full content of this document