JUDGEMENT
ASHIM KUMAR BANERJEE, J. -
(1.) This winding up petition was filed
by the petitioner against the company alleging non-payment of a sum of
Rs. 5 lakhs lent and advanced by the petitioner to the company. The company
confirmed the balance as would appear from the confirmation of account
as on 1st April. 1998. The company also paid agreed interest from time to-
time. Last of such payment was made on 16th November. 1998. The statutory
notice of demand was attempted to be served upon the registered office.
However, the same came back with the endorsement 'Not known'.
(2.) The winding up petition was heard by Girish Chandra Gupta, J.
when His Lordship by his judgment and order dated 16h May, 2002
admitted the winding up petition and directed advertisement to be
published once in the "Statesman" and once in the "Pratidin". His Lordship
granted liberty to the company to pay off the admitted sum together with
costs of the application assessed on Rs. 10.000/-. Before His Lordship, the
company took a plea that no statutory notice was served in the eve of
law. His Lordship held that there was bona fide attempt on the part of
the petitioner to serve statutory notice at the registered office, however,'
it came back with the remark "Not known" and for that the petitioner
could not be held responsible and as such His Lordship held that the
notice was duly served.
(3.) An appeal was preferred from His Lordship's judgment and order
dated 16th May, 2002. The Appellate Court by judgment and order dated
11th December, 2002 set aside the judgment and order of His Lordship
and directed hearing of the matter afresh. Their Lordships were also of
the view that while considering the matter afresh it should also be
considered that even in absence of service of statutory notice whether
the petitioning creditor on the existing pleadings had been able to make
out a proper case for winding up.;
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