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2020 (6) TMI 749 - Tri - Companies Law


Issues:
Application for alternative publication in vernacular newspaper before the hearing date.

Analysis:
The Tribunal received applications related to CP/219 & 220/CAA/2019, which were admitted, and the Petitioner Company was directed to publish in the newspaper "Malai Chudar" as per the initial order dated 08.06.2020. However, due to the closure of the "Malai Chudar" office, compliance with the original order was not possible. The Applicant Companies requested an alternative to publish in "Dinamani" Tamil Nadu edition before the hearing scheduled on 09.07.2020. The counsel for the Applicant Companies assured that they could meet the publication deadline ten days prior to the hearing date.

Considering the representation made by the counsel, the Tribunal allowed the application, granting permission to the Petitioner Companies to publish in the vernacular newspaper "Dinamani" Tamil Nadu edition instead of "Malai Chudar" as initially ordered. The direction was given to ensure compliance with the publication requirement before the hearing date. Therefore, the applications were allowed with the revised publication instructions in "Dinamani" newspaper.

 

 

 

 

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