2016 (9) TMI 1356 - HC - Companies Law

Maintainability of appeal - Held that - This petition is not maintainable because the respondent- Company is before the BIFR. It is also submitted that the application in this regard has been filed which has not been listed. Faced with these circumstances, counsel for the petitioner prays for withdrawal of the petition at this stage. Dismissed as withdrawn with liberty to revive the petition after the proceedings of the BIFR are over.

Summary

The High Court of Punjab and Haryana dismissed the petition as withdrawn with the liberty to revive it after the proceedings of the BIFR are over. The respondent company is before the BIFR, and the application in this regard has not been listed.