By S A Ishaqui
Hyderabad, April 26: Justice B. Seshasayana Reddy of the Andhra Pradesh High Court on Monday issued notice to Maytas Infra Ltd seeking its response on winding up a petition. NES Global Specialist Engineering Services Pvt. Ltd filed the petition stating that the Maytas Infra is deemed to be commercially insolvent and is unable to discharge its debts to its creditors.
The petitioner company told the court that the Maytas Infra had to repay US $70,493 to them. They asked the court to appoint an Official Liquidator and also to pass an order of injunction restraining the respondent company, its directors from parting with the possession, creating or extending third party interests in or over the assets of the Maytas Infra Limited.
The case was posted to June 8 for further hearing while directing Maytas to file its reply on the petition.
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