LAWS(MPH)-2020-7-10

LAKHANI FOOTCARE PVT LTD Vs. SEABRIGHT LANDMARK PROJECTS

Decided On July 06, 2020
Lakhani Footcare Pvt Ltd Appellant
V/S
Seabright Landmark Projects Respondents

JUDGEMENT

(1.) Parties through their counsel.

(2.) The present Review Petition has been filed by Seabright Landmark Projects LLP for review of the order dated 22/5/2020 passed in Company Appeal No. 06/2020. The order was passed on 22/5/2020 after hearing the present review petitioner at length. It was an appeal arising out of order dated 2/3/2020 and order dated 4/5/2020 passed by the learned Company Judge in Company Petition No. 08/2014.

(3.) This Court after hearing the parties at length and considering all the grounds canvassed by the respective parties, as the difference was about 3 crores and the Official Liquidator was going to receive Rs.2.80 Crores extra, has allowed the appeal. The petitioner wants a re-hearing of the matter on the ground that the order passed by this Court is erroneous.