RELISYS MEDICAL DEVICES LIMITED Vs. RAJU REDDY

JUDGEMENT

(1.) The Company petition bearing No. CP/35/59/HDB/2017 is filed by Relisys Medical Devices Limited, under section 59 of the Companies Act, 2013 R/w 70 of NCLT Rules, 2016 by seeking the following reliefs:

(2.) Brief facts of the case, which are relevant to the issue in question, as stated in the petition and discerned from the documents filed along with it, are as follows :

(3.) I have heard, Shri Y. Suryanarayana with A. Nagaraj Kumar, learned Counsels for counsel for petitioner, and have carefully perused the pleadings with supported documents along with extant rules of Companies Act, 2013 and regulations framed under FEMA, 1999.