Following the loan agreement the parties entered into further agreements under which amounts were advanced from time to time.
By judgment and order dated 9th August, 2005 the learned Single Judge disposed of Company Application No.
1 herein which was number for validation.
This order stood companyfirmed by the impugned judgment of the Division Bench.
It was number for validation whereas the application for validation was moved only on 13th September, 2004.
The Company in liquidation approached respondent No.
1 herein.
Status quo as regard to possession is to be maintained till the Company Court decides the Application for validation dated 13th September, 2004.
According to respondent No.
Hence, the Indian Bank which claims to be a secured creditor has companye by way of SLP to this Court.
However, respondent No.
1 herein.
1275 of 1999.
1 herein.
1 M s V.G.P. Finance Ltd. on 10th November, 1995 for a loan of Rs.1,00,00,000/ Rupees one crore for business purposes.
The High Court directed the Official Liquidator to deliver possession of the property in question to respondent No.
Leave granted.
1275 of 1999 in favour of respondent No.
The first Application dated 14th September, 1999 was numbered as Company Application No.
Pursuant to the companyrespondence a loan agreement came to be executed on 1st December, 1995 between the Company in liquidation and respondent No.
