LAWS(NCLT)-2017-8-26

TANTIA CONSTRUCTION LTD Vs. SOCRATO CAPITAL PVT LTD

Decided On August 02, 2017
TANTIA CONSTRUCTION LTD Appellant
V/S
SOCRATO CAPITAL PVT LTD Respondents

JUDGEMENT

(1.) Ld. Counsels for the petitioners and the Ld. Counsels for the consortium banks are present.

(2.) Ld. Counsel for the consortium banks informed that winding up petition against the same company is pending before the Hon'ble Calcutta High Court, which is listed on 04/08/2017.

(3.) Ld. Counsel for the consortium of bank has submitted that several winding up petitions i.e. CP 366/2011, CP 64/2015, CP 550/2015, CA 99/2016, CP 243/2016, CP 248/2016, CP 267/2016, CP 324/2016, CP 472/2016, CP 530/2016, CP 561/2016, CP 630/2015, CP 632/2015, CP 737/2015, CA 343/2016 [CP 587/2015], CP 366/2016, CP 429/2016, CA541/2016[CP 763/2015], CP 460/2015,CP 610/2015, CP657/2015, CP 658/2015, CP 660/2015, CP 662/2015, CP 664/2015, CP 666/2015, CP 667/2015, CP 668/2015, CP 669/2015,CP 670/2015, CP 792/2015 and CP 857/2016 are pending before the Hon'ble Calcutta High Court against the same company, Tantia Constructions Ltd., wherein the Hon'ble Calcutta High Court by its order dated 03/03/2017 has fixed June 16,2017 for the State Bank to indicate the status of the company, its financial position and the further course of action to be adopted by the consortium of banks.