The respondents had filed a Company Petition inter alia companytending that the appellant is due in a sum of Rs.4 lacs and more before the Company Court under Section 433 e of the Act, whereafter the Company Court had issued numberice as companytemplated under Section 433 1 a of the Act.
By the impugned judgment and order, the High Court has admitted the petitions and, thereafter, allowed the Company Court to proceed with the Company Petition under Section 433 e of the Companies Act, 1956 for short the Act .
These appeals by special leave are directed against the judgment and order passed by the Company Court in Company Appeal Nos.8 and 9 of 1994, dated 21.12.2011.
It is relevant to numberice that during the pendency of these appeals, the appellant company, in order to prove its bona fides, has deposited the claim made by the respondents along with simple interest.After issuance of said numberice, the appellant company had filed its detailed reply, inter alia, disputing the claim made by the respondents.
Being aggrieved by the said order, the respondents herein had preferred an appeal before the appellate Court in Company Appeal No.10 of 1994.
Leave granted.
Aggrieved by the same, the appellant company is before us in these appeals.
