High Court of Judicature at Bombay Hears Company Appeal (L) No. 47 of 2012 Along with Connected Appeals and Applications. No substantive judgment text was provided; only the cause list and appearances were available.

High Court: Bombay High Court Bench: BOMBAY
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Issue of Consideration

COMPANY APPEAL (L) NO. 47 OF 2012

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Case Details

2012 LawText (BOM) (11) 49

Company Appeal (L) No. 47 of 2012 in Company Law Board No. 57 of 2012 along with Company Application (L) No. 53 of 2012 and Company Application (L) No. 56 of 2012; and with Company Appeal (L) No. 25 of 2012 and Company Appeal (L) No. 4 of 2011

2012-11-06

R.D. Dhanuka, J.

For Appellant in Company Appeal (L) No. 47 of 2012: Mr. Janak Dwarkadas, Senior Advocate, a/w. Mr. F. D'vitre, Senior Advocate, Mr. Zal Andhiyarujinia, Mr. Sharan Jagtiani, Mr. Sujit Suvarna, Mr. Chirag Mody, Mr. Samit Shukla, Mr. Mujaf Virjee, Ms. Anushka Sarda, i/b. DSK Legal; For Respondent No. 1: Mr. S.U. Kamdar, Senior Advocate, Ms. Pooja Patil, i/b. J. Sagar Associates; For Respondent No. 2: Mr. Virag Tulzapurkar, Senior Advocate, Mr. Dhawal Mehta, Mr. Denzil Arambhan, Ms. Jasmine Seth, Mr. Krishna B. Moorthy, Ms. Helina Desai, Mr. Gautam Sahni, i/b. Wadia Ghandy & Co.; For Respondent No. 3: Mr. Aspi Chinoy, Senior Advocate, Mr. Nikhil Sakhardane, Mr. Dhawal Mehta, Mr. Denzil Arambhan, Ms. Jasmine Seth, Mr. Krishna B. Moorthy, Ms. Helina Desai, Mr. Gautam Sahni, i/b. Wadia Ghandy & Co.; For Respondent No. 4: Mr. Pravin Samdhani, Senior Advocate, Mr. Dhawal Mehta, Mr. Denzil Arambhan, Ms. Jasmine Seth, Mr. Krishna B. Moorthy, Ms. Helina Desai, Mr. Gautam Sahni, i/b. Wadia Ghandy & Co.; For Respondent Nos. 5, 6 and 13: Mr. Ravi Kadam, Senior Advocate, Mr. Shyam Mehta, Senior Advocate, Mrs. Tanmayi Rajadhyaksha, Mr. Suraj Iyer, i/b. Ganesh & Co.; For Respondent Nos. 7, 8, 9, 10, 14, 15, 16 and 17: Mr. Simil Purohit, i/b. Mr. Kalpesh Joshi; For Respondent No. 18: Ms. Ankita Singhania, Mr. Ashok Purohit, i/b. Ashok Purohit & Co.; For Evershine Developers: Mr. J.J. Bhatt, Senior Advocate, a/w. Mr. Gaurav Joshi, Mr. N.V. Vimadalal, Mr. Manish Doshi, i/b. Vimadalal & Co.; In Company Appeal (L) No. 25 of 2012 and Company Appeal (L) No. 4 of 2011: Mr. Gaurav Joshi, a/w. Mr. Chirag Mody, Ms. Anushka Sarda, i/b. DSL Legal for Applicant in Company Application (L) No. 322 of 2012 and Appellant in Company Appeal (L) No. 25 of 2012; Mr. Ankit Lohia, a/w. Ms. Nayna Rane, i/b. D.H. Law for Appellant in Company Appeal No. 4 of 2011; Mr. Rahul Chitnis, Counsel a/w. Mr. Chakrapani Misra, Mr. Devesh Juvekar, Mr. R. Arunadhri Iyer, Ms. Meghna Rajadhyaksha, i/b. Khaitan & Co. Advocates for Respondent No. 1 in Company Application (L) No. 322 of 2012 and Company Appeal No. 4 of 2011; Mr. Harish Pandya, Counsel, a/w. Mr. M.K. Banatwala, i/b. M.K. Banatwala, Advocate for Respondent No. 2 in Company Application (L) No. 322 of 2012

Masusmi SA Investment LLC

1. Keystone Realtors Pvt. Ltd., 2. Mr. Boman R. Irani, 3. Mr. Chandresh D. Mehta, 4. Mr. Percy S. Chowdhary, 5. Enigma Constructions Pvt. Ltd., 6. Kapstone Constructions Pvt. Ltd., 7. Credence Property Developers Pvt. Ltd., 8. Gemstone Developers Private Limited, 9. Montage Developers Private Limited, 10. Nouveau Developers Private Limited, 11. Panchagani Real Estate Private Limited, 12. Paradigm Builders Private Limited, 13. Rustomjee Realty Private Limited, 14. Sanguinity Realty Private Limited, 15. Suranjan Holdings & Estate Developers Private Limited, 16. Xcellent Realty Private Limited, 17. Rustomjee Constructions Private Limited, 18. Mausmi Ventures Ltd. (in Company Appeal (L) No. 47 of 2012); also Evershine Developers as third party; in connected appeals: Ruchit Gangar and others as appellants, and Bialetti Industries S.P.A. and others as respondents, etc.

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Procedural History

The appeal was reserved on 1st November 2012 and pronounced on 6th November 2012 by the High Court of Judicature at Bombay. The matter involved multiple connected company appeals and applications arising out of Company Law Board proceedings. No further procedural history is mentioned.

Acts & Sections

  • Companies Act, 1956:
  • Indian Partnership Act, 1932:
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