Thursday, May 12, 2016

Updates

Dear member, 

On 27.04.2016, case has adjourned to 25.07.2016 .

After dismissal of our IA-63 in WP (C) No.876 of 1996 by Hon'ble Supreme Court on 15.07.2015, we have revived the COCP in Hon'ble P&H High Court. As advised by our legal counsels, we have not so far participated in the arbitration proceedings as our case has already stand admitted by the Hon'ble High Court & Hon'ble Supreme Court. We are watching the matter closely. If advised at later date, we may join the proceedings.

Please log-on to this blogger regularly for latest developments in the case.

Thanks & regards,

RAKESH VERMA

Secretary

Monday, March 21, 2016

Updations

Dear member, 

In the hearing on 26.02.2016, Hon'ble P&H High Court has directed in its orders that new management of the Company should be impleaded in contempt petition. Necessary affidavits have been filed.

Next date of hearing in COCP is 27.04.2016.

In WP (C) No.876 of 1996, Hon'ble Supreme Court has appointed retired justice Sh Vikramjit Sen as an Arbitrator to give his findings in 9 months. We are considering to participate in the arbitration proceedings of Arbitrator if advised by our legal counsel.

Please log-on this blogger regularly for latest developments in the case.
Wishing you & your family

A very Happy, 

Colorful & Joyful HOLI.

Thanks & regards,

RAKESH VERMA

Secretary