(1.) Heard learned Advocate Mr. Baiju Joshi for the applicants and learned Advocate Ms. P.J. Davawala for the Official Liquidator.
(2.) This application is filed with the following prayers:
(3.) This application is preferred by one Mr. Khushalbhai Revabhai Parmar who was an employee / workman of the Star of Gujarat Textile Mills Limited (in liquidation) and Mr. Chetankumar Kishorbhai Joshi who is stated to be the Sponsor of the proposed revival scheme as stated in this application under Ss. 391 to 394 of the Companies Act, 1956.