LAWS(KAR)-2012-8-388

EXTEX TEXTILES PRIVATE LIMITED, REGD. OFFICE G-B, THE BLOCK, GOLDEN ORCHID, KASTURBA ROAD, BANGALORE - 560001 Vs. NIL

Decided On August 06, 2012
Extex Textiles Private Limited, Regd. Office G -B, The Block, Golden Orchid, Kasturba Road, Bangalore - 560001 Appellant
V/S
NIL Respondents

JUDGEMENT

(1.) THESE two petitions are taken up together for final disposal. Co.P.41/12 is by the transferee company, while Co.P.42/12 is by the transferor company. Both the petitions are filed under Sections 391 to 394 of the Companies Act.

(2.) HEARD Teamed counsel. Perused records in supplementation thereto. It reveals:

(3.) THERE is a declaration that there are no unsecured and secured creditors.