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Companies Law - Highlights / Catch Notes

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Recall of Order - Creditor’s Winding-up Petition u/s ...

Companies Law

August 19, 2013

Recall of Order - Creditor’s Winding-up Petition u/s 433(e)/434(1)(a)/439 of the Companies Act, 1956 – It was not obligatory for the court to hear the workmen at the first motion stage, for which there was no provision in the Act or the Rules and that the concerns of the workmen may be addressed at the meeting of the secured creditors or at the second motion stage - HC

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