LAWS(P&H)-2006-3-204

PARDEEP KUMAR Vs. PUNJAB ELECTRO OPTICS SYSTEMS LTD

Decided On March 10, 2006
PARDEEP KUMAR Appellant
V/S
PUNJAB ELECTRO OPTICS SYSTEMS LTD. Respondents

JUDGEMENT

(1.) This appeal under Section 483 of the Companies Act, 1956 (in short the Act) is directed against the order, dated 9.2.2006, passed by the Learned Single Judge in Company Petition No.66 of 2004 and C.A. No.387 of 2004, inter-alia, declining stay on dispossession of the appellant/other similarly placed tenants from the premises of the company in liquidation and permitting the Official Liquidator to take over the physical possession of the sheds F4 to F8 situated in Phase VIII, Mohali.

(2.) While dismissing the appellant's application for staying its dispossession, the Learned Company Judge has observed as follows:-

(3.) We have heard learned counsel for the appellant at length and have perused the record.