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2003 (9) TMI 549

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..... anabhan and Pramod Dayal for the Appellant. R.F. Nariman, Rajiv Shakdhar, U.A. Rana, Arvind Kumar, A. Subba Rao, P. Parmeswaran, Gopal Jain, A.L. Pandia, R.N. Karanjawala, Ms. Nandini Gore and Mrs. Manik Karanjawala for the Respondent. ORDER 1. Heard learned counsel for the parties. 2. In view of the order we intend making hereinafter, we do not think it is necessary at this stage to dwell at l .....

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..... ellants in the Transferred Case, under instructions from his clients, submitted that he is withdrawing Company Appeal (B)-3/1998 titled Power Grid Corporation India Ltd. v. Shree Cement Ltd. which is since transferred to this Court as per the orders referred to hereinabove, the consequence of which would be that the said Power Grid Corporation will have to argue Company Petition No. 3/111/1994 pen .....

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..... of litigations in the Special Court constituted under the Special Courts (Trial of Offences relating to Transactions in Securities) Act, 1992 as well as before the Board, we think it is necessary that the aforesaid company petition should be heard and finally disposed of within a period of 3 months from the receipt of this order by the Company Law Board, Northern Region Bench, New Delhi. With this .....

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..... ices Ltd., a notified company. If so, the amount so available to be paid to either of the parties named above, be made known to this Court on the next date of hearing. 7. We also direct the Board to decide all the issues involved before it and give a finding without reference to the fact that the bonds in question have since matured. 8. Consequently, the Transferred Case No. 54/03 stands dismiss .....

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