VICTORIA JUTE CO LTD Vs. STATE

JUDGEMENT

(1.) This application has been filed by one R.D.B. Textiles Ltd. inter alia praying for following orders:-

(2.) On 16th February, 1988 a final order was passed in the said company petition directing for winding up of the said company. The Official Liquidator was directed to take possession of the said company. Subsequent thereto, the said order was stayed till 22nd February, 1988. An appeal was preferred by the said company being Appeal No. 98 of 1988. The Hon'ble Division Bench of this Hon'ble Court on 24th February, 1988 was pleased to pass an ad-interim order granting unconditional stay of the of the said order for a week and thereafter a conditional order for stay was granted for a further period of two weeks. It appears that the said order of stay was subsequently extended from time to time.

(3.) It further appears that the said order of stay was vacated by an order dated 12th September, 1988. Since the appellant failed to fulfill the conditions imposed by the Hon'ble Court.