BRIJKISHOR KISHANGOPAL SONI Vs. WEEE INDIA PRIVATE LIMITED

JUDGEMENT

(1.) This Petition is filed on 31st May 2017 by invoking the provisions of the Section 271 of the companies Art 2013, seeking an order to wind up the Respondent Company which was incorporated on 6th June 2013 having paid-up capital of Rs. 1 lakh by issuing 10000 shares for a face value of Rs. 10/-, subscribed equally by two Directors viz. Mr. Brijkishor Kishangopal Soni and Mr. Vincent Francis Eckerman. The Petitioner was earlier stated to be in the business of eco-recycling and consultation in the field of Environmental Assessment, known as Ecoreco. It is claimed in the Petition that the said Company was a leading Company in e-waste management. The said Company was a Private Limited Company and providing integrated solution for e-waste management to some of the MNCs, Corporate Bodies, Original equipment manufacturer, etc. Mr. Vincent Francis Eckerman having 50% shareholding in the Respondent Company, represented AVC Weeco Limited, a Company incorporated under U.K. laws having its address at William Street, Wales, U.K. On persuasion by Mr. Vincent it was suggested that a joint-venture in India in the field of e-waste management be executed. Therefore, on 6th June 2013 both the parties have joined hands and the Respondent Company was incorporated. .-

(2.) On hearing the submissions in the light of the facts of the case and also on perusal of the evidences annexed in the compilation, we are of the conscientious view that it is just and equitable to order for winding up of the Respondent Company viz. WEE India Private Limited [CIN:U37200MH2013PTC244079], having registered office at 205, Centre Point, 2nd Floor, J.B. Nagar, Andheri - Kurla Road, Andheri (East) , Mumbai - 400 059.