IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.1663 OF 2008 IN COMPANY PETITION NO.228 OF 1987 The Cotton Corporation of India Ltd. ....Applicant V/s. The Official Liquidator ....Respondent Mr.U.M. Mahajan i/b M/s.Divekar & Co. for the Applicant. Mr.S. Ramakantha, Deputy Official Liquidator present. CORAM : S.J. VAZIFDAR, J. DATED : 9TH JANUARY, 2009. P.C. : 1. The Company Application is allowed in terms of prayer (a). The suit however shall not be proceeded with till the scheme for compromise presented by the company under Sections 393 and 394 of the Companies Act is decided finally.