Committee - Golden Forest (India) Limited

Appointed by the Hon'ble Supreme Court of India

  

   IN THE HIGH COURT OF DELHI AT NEW DELHI
  20
  
  CM No.10845/2010 in W.P.(C) 1399/2010
  
  NATIONAL INVESTOR FORUM REGD. ..... Petitioner
  Through: Ms.Suruchi Aggarwal, Advocate
  For the applicant.
  
  
versus
  
  GOLDEN FORESTS INDIA LTD. ..... Respondent
  Through: Mr.Shailendra Bhardwaj, Advocate
  
  CORAM:
  
HON'BLE THE CHIEF JUSTICE
  
HON'BLE MR. JUSTICE MANMOHAN
  
  
O R D E R
  
16.11.2010
  
  CM No.10845/2010
  
  This is an application filed by the Committee to issue a direction to
  M/s Amartex Industries Ltd. to re-deposit the amount that has been withdrawn by
  it as per the undertaking given by the respondent as reflected from the order
  dated 6th September, 2007 passed by the Apex Court in IA No.84/2007 in IA
  No.82/2007 in Transfer Case (Civil) No.2 of 2004
  
  
  Be it noted that all the matters including the IAs have been transferred
  to this court for adjudication.
  
  CM No.10845/2010 in W.P.(C) 1399/2010
  Page 1 of 2
  It is submitted by Ms.Suruchi Aggarwal, learned counsel for the
  Committee, that the sale has been confirmed by the Supreme Court on 29th July,
  2009 in IA No.27 in T.C.(C) No.68/2003. The said order reads as follows:
  ?As regards Item Nos.4 and 10 properties, the purchasers were permitted to
  withdraw their deposited amount of 25%. They are directed to deposit the entire
  bid amount within a period of six months. On deposit of the same, the Committee
  shall see the properties are put in possession of these parties.?
  
  It is urged by Ms.Suruchi Aggarwal, learned counsel for the Committee,
  that despite service on the respondent, nobody has entered appearance on behalf
  of the company.
  In view of the aforesaid, let a bailable warrant of arrest in the sum of
  Rs.50,000/- with one surety in the like amount be issued to Mr.Arun Grover,
  Managing Director, M/s.Amartex Industries Limited, Plot No.365, Industrial Area
  Phase I, Panchkula.
  The Managing Director of the company shall remain present in this Court
  on 6th December, 2010. Call on date fixed.
  
  CHIEF JUSTICE
  
  
  NOVEMBER 16, 2010/sv MANMOHAN, J
  
  CM No.10845/2010 in W.P.(C) 1399/2010
  Page 2 of 2
  
  

 

 


IN THE HIGH COURT OF DELHI AT NEW DELHI
  20
  
  CMs No.4340/2010 and 4374/2010 in W.P.(C) 1399/2010
  
  NATIONAL INVESTOR FORUM REGD. ..... Petitioner
  Through: Ms.Suruchi Aggarwal, Advocate
  for the applicant in CM No.4340/2010
  None for the applicant in
  CM No.4374/2010.
  
  
versus
  
  
  GOLDEN FORESTS INDIA LTD. ..... Respondent
  Through: Mr.Shailendra Bhardwaj, Adv for
  Golden Forests India Limited.
  Mr.Manoj Goel, Advocate for
  K.V.Finlease in CM No.4340/2010.
  
  
  CORAM:
  
HON'BLE THE CHIEF JUSTICE
  
HON'BLE MR. JUSTICE MANMOHAN
  
  
  
O R D E R
  
16.11.2010
  
  CMs No.4340/2010
  
  In the course of hearing of this application, a consensus was arrived at
  by the Committee and Mr.Manoj Goel, learned counsel on behalf of the
  K.V.Finlease Private Limited, the auction purchaser, that the property should be
  re-auctioned within a period of four weeks.
  CMs No.4340/2010 and 4374/2010 in W.P.(C) 1399/2010
  Page 1 of 2
  
  
  The auction bid shall be kept in a sealed cover and produced before this
  Court within a period of six weeks. The terms of the re-auction shall be
  determined by the Committee.
  List on 10th February, 2011.
  CMNo.4374/2010
  Let this application be listed on 10th February, 2011.
  
  
  CHIEF JUSTICE
  
  
  MANMOHAN, J
  NOVEMBER 16, 2010
  sv