2006 (3) TMI 341

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..... ging the order seeking to recover from the petitioner an amount of Rs. 9,49,267 and Rs. 3,23,802 towards interest. There is no dispute that the said amount is due and payable by the company known as Universal Fans Ltd. The petitioner-company is known as Universal Pollution Control (India) (P.) Ltd. the liability is not of the petitioner-company. Under the Companies Act each of the company is a sep .....

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..... 3. In the present case the conduct on the part of the Advocate appearing for the respondent is far from satisfactory. The matter was on board on 14-2-2006 when the learned counsel for the respondent Mr. Sundaram sought three weeks time. On 6-3-2006 once again the learned counsel appearing for the respondent sought time and the matter was thereafter listed on 7-3-2006. On 7-3-2006 since none a .....

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..... erits and baseless. As mentioned above both the companies are separate legal entity under the provisions of the Companies Act and there is no provision under the Provident Fund Act that a liability of one company can be fastened on the other company even by lifting the corporate veil. In that view of the matter the defence raised has no merits and thus rejected. In that light of the matter the imp .....

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