In the High Court of Karnataka, Bengaluru
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Date of order 07-02-2017 Co.P.No.57/2012 & connected matters IAE International Aero Engines AG and others Vs.United Breweries (Holdings) Limited 1/244 IN THE HIGH COURT OF KARNATAKA, BENGALURU DATED THIS THE 7 TH DAY OF FEBRUARY 2017 BEFORE THE HON'BLE Dr.JUSTICE VINEET KOTHARI Co.P.No.57/2012 C/W Co.P.No.121/2012, Co.P.No.122/2012, Co.P.No.185/2012, Co.P.No.248/2012, Co.P.No.51/2013, Co.P.No.99/2013, Co.P.No.162/2013, Co.P.No.265/2013 & Co.P.No.148/2016 Company Petition No.57/2012 Between: IAE International Aero Engines AG 628 Hebron Avenue, Suite 400 Glastonbury Connecticut 06033, USA Represented herein by its Attorney, Mr. Parminder Singh Dadhwal. ... Petitioner (By Mr. Shreyas Jayasimha, for AZB & Partners) And: United Breweries (Holdings) Limited UB City, Level 12, UB Tower 24 Vittal Mallya Road Bangalore – 560 001. ... Respondent (By Mr. Udaya Holla, Senior Counsel for M/s. Holla & Holla, Date of order 07-02-2017 Co.P.No.57/2012 & connected matters IAE International Aero Engines AG and others Vs.United Breweries (Holdings) Limited 2/244 Mr. C.K. Nandakumar, Advocate for Opposing Creditors Mr. Sajjan Poovayya, Senior Counsel for Mrs. Nalina Mayegowda & Mr. Praveen Kumar, for Poovayya & Co., for Objectors S.A. Partners, for Objectors M/s. Fox Mandal Assts., for Objector Mr. Ramanand Mundkur for M/s. Mundkur Law Partners, for Creditors) **** This Company Petition is filed under Section 439(1)(b) r/w Sections 433(e), 433(f), 434 and 450 of the Companies Act, 1956, praying to order that the Respondent - Company be wound up under Section 433 of the Companies Act, 1956, pass such interim and other orders as deemed necessary to preserve and protect the assets of the Respondent - Company and that of the petitioner & etc., Company Petition No.121/2012 Between: RRPF Engine Leasing Limited Having its registered office at 65 Buckingham Gate, London SW1E 6AT, England Represented herein by its Authorised Signatory Mr. Jitendra Panda. ... Petitioner (By Mr. Pramod Nair, for Arista Chambers) Date of order 07-02-2017 Co.P.No.57/2012 & connected matters IAE International Aero Engines AG and others Vs.United Breweries (Holdings) Limited 3/244 And United Breweries (Holdings) Limited Having its registered office at UB Tower, Level 12, UB City No.24, Vittal Mallya Road Bangalore – 560 001, Karnataka. ... Respondent (By Mr. Udaya Holla, Senior Counsel for M/s. Holla & Holla, Mr. C.K. Nandakumar, Advocate for Opposing Creditors, Mr. Sajjan Poovayya, Senior Counsel for Mrs. Nalina Mayegowda & Mr. Praveen Kumar for Poovayya & Co., for Objectors S.A. Partners, Advocate for Objectors Fox Mandal, Advocate for Objectors Mr. Ramanand Mundkur for M/s. Mundkur Law Partners Advocate for Creditors) **** This Company Petition is filed under Section 433(e), 434 and 439 of the Companies Act, 1956, praying to pass an order winding up of the above named Respondent, United Breweries (Holdings) Limited, under the provisions of the Companies Act, 1956 on the ground of its inability to pay debts and pass such other or further order(s)/direction(s) as this Hon’ble Court may deem just and proper in the facts and circumstances of this case. Date of order 07-02-2017 Co.P.No.57/2012 & connected matters IAE International Aero Engines AG and others Vs.United Breweries (Holdings) Limited 4/244 Company Petition No.122/2012 Between: Rolls-Royce & Partners Finance Limited Having its registered office at 65 Buckingham Gate, London SWIE 6AT England Represented herein by its Authorised Signatory Mr. Jitendra Panda. ... Petitioner (By Mr. Pramod Nair, for Arista Chambers) And United Breweries (Holdings) Limited Having its registered office at UB Tower, Level 12, UB City No.24, Vittal Mallya Road Bangalore – 560 001, Karnataka. ... Respondent (By Mr. Udaya Holla, Senior Counsel for M/s. Holla & Holla, Mr. C.K. Nandakumar, Advocate for Opposing Creditors Mr. Sajjan Poovayya, Senior Counsel for Mrs. Nalina Mayegowda & Mr. Praveen Kumar for Poovayya & Co., for Objectors S.A. Partners, for Opposing Creditors Fox Mandal Assts., for Opposing Creditors Mr. Ramanand Mundkur for M/s. Mundkur Law Partners for Creditors) *** This Company Petition is filed under Section 433(e), 434 and 439 of the Companies Act, 1956, praying to pass an Date of order 07-02-2017 Co.P.No.57/2012 & connected matters IAE International Aero Engines AG and others Vs.United Breweries (Holdings) Limited 5/244 order of winding up of the above named Respondent, United Breweries (Holdings) Limited, under the provisions of the Companies Act, 1956 on the ground of its inability to pay debts and pass such other or further order(s)/direction(s) as this Hon’ble Court may deem just and proper in the facts and circumstances of this case. Company Petition No.185/2012 Between: Avions de Transport Regional GIE 1 Allee Pierre Nadot, 31172 Blagnac France Represented herein by its Attorney Mr. Sudarshan Pradhan R/at. Mausleri House, 7 Kapashera Estate New Delhi – 110037. ... Petitioner (By Mr. C. Muralidhar, for Murali & Co.) And: United Breweries (Holdings) Limited Having its Regd. Office at UB City Level 12, UB Tower 24, Vittal Mallya Road Bangalore – 560 001. ... Respondent (By Mr. Udaya Holla, Senior Counsel for M/s. Holla & Holla) ***** Date of order 07-02-2017 Co.P.No.57/2012 & connected matters IAE International Aero Engines AG and others Vs.United Breweries (Holdings) Limited 6/244 This Company Petition is filed under Sections 433(e) and 433(f) r/w Section 434 and 439(1)(b) of the Indian Companies Act, 1956, praying to pass an order to wind up the Respondent Company. Pass such interim and other orders as may be necessary to preserve and protect the assets of the Respondent Company. Pass such other and further order(s) as this Hon’ble Court may deem just and appropriate in the facts and circumstances of the case. Company Petition No.248/2012 Between: BNP Paribas a company incorporated under the laws of the Republic of France having its registered office at 16 Boulevard des Italiens, 75009 Paris, France Represented herein by its Constituted Attorney Mr. Sabesan Ananthanarayanan & Mrs. Hyacinth Munshi working at 3 rd Floor, Land Mark Building #21/15, M.G. Road, Bangalore – 560001. …. Petitioner (By Mrs. Fereshte Sethna, Mr. Shanthanu Singh & Mr. Prashanth G, Advocates) And: United Breweries (Holdings) Limited a public limited company incorporated under the Companies Act, 1956 Having its registered office at Date of order 07-02-2017 Co.P.No.57/2012 & connected matters IAE International Aero Engines AG and others Vs.United Breweries (Holdings) Limited 7/244 12 th Floor, UB Tower, UB City No.24, Vittal Mallya Road Bangalore – 560 001. … Respondent (By Mr. Udaya Holla, Senior Counsel for M/s. Holla & Holla, AZB & Partners, Advocate for Supporting Creditors Mr. C.K. Nandakumar, Advocate for Opposing Creditors Mr. Sajjan Poovayya, Senior Counsel for Mrs. Nalina Mayegowda & Mr. Praveen Kumar for Poovayya & Co., for Objectors Mr. A. Murali & Co., for Objector Mr. D.L.N. Rao, Senior Counsel for Mrs. S.R. Anuradha, Advocate for Objector Mr. Ramanand Mundkur, M/s. Mundkur Law Partners, for Objector) This Company Petition is filed under Section 439(1)(b) r/w Sections 433(e), 433(f), 434 and 450 of the Companies Act, 1956, praying to order that the Respondent be wound up under the provisions of the Companies Act, 1956. Award costs of the proceedings to the Petitioner and pass such other and further orders as this Hon’ble Court deem just and appropriate in the facts and circumstance of the case. **** Company Petition No.51/2013 Between: United Bank of India A Banking company constituted under the Date of order 07-02-2017 Co.P.No.57/2012 & connected matters IAE International Aero Engines AG and others Vs.United Breweries (Holdings) Limited 8/244 Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970 and having its Registered office at 11, Hemanta Basu Sarani Kolkata-700001 and having amongst others a Bangalore Branch office at 40 K.G. Road Bangalore-560 009. ... Petitioner (By Mr. M.V. Kini, Advocate) And: United Breweries (Holdings) Ltd., Having its Registered office at UB Tower, Level-12, UB City Bangalore-560 001. ... Respondent (By Mr. Udaya Holla, Senior Counsel for M/s. Holla & Holla Mr. C.K. Nandakumar, Advocate for opposing Creditors Mr. Sajjan Poovayya, Senior Counsel for Mrs. Nalina Mayegowda & Mr. Praveen Kumar for Poovayya & Co., for Objectors S.A. Partners, for Objectors FOX Mandal Assts., for Objectors in C.A.322/15) Mr. Ramanand Mundkur for M/s. Mundkur Law Partners, Advocate for Creditors) **** This Company Petition is filed under Section 433(e) & 434(1)(a) & (c) of the Companies Act, 1956, praying that the said company United Breweries (Holdings) Ltd., be wound up under the direction and order of this Hon’ble Court as per the provisions under Companies Act, 1956 & etc., Date of order 07-02-2017 Co.P.No.57/2012 & connected matters IAE International Aero Engines AG and others Vs.United Breweries (Holdings) Limited 9/244 Company Petition No.99/2013 Between: Hindustan Petroleum Corporation Ltd. A Company incorporated under the Provisions of the Companies Act, 1956 and Having its Registered office at Petroleum House, 17, Jamshedji Tata Road, Mumbai-400 020. ... Petitioner (By Mr. V.S. Arabatti, for Mulla & Mulla & Craigie Blunt) And: United Breweries (Holdings) Ltd. A Company incorporated under the Provisions of the Companies Act, 1956 & Having its Registered office at UB Tower, Level-12, UB City 24 Vittal Mallya Road, Bangalore-560 001. ... Respondent (By Mr. Udaya Holla, Senior Counsel for M/s.