SHITAL FIBERS LIMITED Vs. INDIAN ACRYLICS LIMITED

JUDGEMENT

(1.) Leave granted.

(2.) The present appeal challenges the judgment and order passed by the Division Bench of the Punjab and Haryana High Court in Company Appeal No. 58 of 2015 dated 29.4.2016, arising out of the order passed by the learned Company Judge of the said Court, in Company Petition No. 106 of 2009 dated 28.9.2015.

(3.) The facts, in brief, giving rise to the present appeal are as under: