2016 (12) TMI 1606

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..... admitted dues of the petitioner, the following order is passed. The Notice of the admission of the petition shall be advertised in the English daily newspaper “Business Standard”, Ahmedabad Edition and the Gujarati daily newspaper, “Jai Hind”, Ahmedabad Edition. The Official Liquidator attached to this Court is appointed as the Provisional Liquidator of the respondent Company and directed .....

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..... ent Company is unable to pay the admitted dues amounting to ₹ 21,64,17,004.68 (Rupees Twenty One Crores Sixty Four Lacs Seventeen Thousand Four and Sixty Eight Paise), payable by it to the petitioner. 1.1. Upon hearing the learned advocates for the respective parties and in view of the above statement made by the learned advocate for the respondent Company, this Court has passed the ord .....

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..... f the fact that the respondent Company has reiterated its inability to pay the admitted dues of the petitioner, the following order is passed. 4. The Notice of the admission of the petition shall be advertised in the English daily newspaper Business Standard , Ahmedabad Edition and the Gujarati daily newspaper, Jai Hind , Ahmedabad Edition. 5. The Official Liquidator attached to this Cour .....

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