-1- IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION Summons for Judgment No.ll56 of 200l in Sum Suit No.597 of 200l Ashok Chhaganlalji Adani...Plaintiff vs M/s SIV Industries Limited ...Defendants Mr Tushar Joshi for plaintiff Mr D.B.Dolas for Pardiwala & Co for defendants CORAM: S.U.KAMDAR J. CORAM: S.U.KAMDAR J. CORAM: S.U.KAMDAR J. Dated 5.l0.2005 Dated 5.l0.2005 Dated 5.l0.2005 P.C: . The present suit is filed for recovery of a sum of Rs.87,206.85 with interest at the rate of l8% p.a. on the principal amount of Rs.46,694.00 from the date of the filing of the suit till judgement and from the date of judgement till realisation under a Bill No.9l9 dated ll.l0.l996. The defendant company was under BIFR and therefore the summons for judgment was adjourned sine-die. The learned counsel for the defendants however confirms that winding up is recommended by the BIFR and therefore the provisions of section 22 of the SICA Act are no more applicable. The plaintiff has -2- also filed relevant documents which are taken on record and marked as P-l collectively. There is no reply to the summons for judgment. In that view of the matter summons for judgment is made absolute. Suit is decreed. There shall be interest at the rate of l2% p.a.from the date of suit till payment and/or realisation on the principal amount of Rs.46,964.00. Refund of court fee as per rules.