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1995 (3) TMI 383 - HC - Companies Law

  1. 2015 (10) TMI 1771 - HC
  2. 2005 (9) TMI 309 - HC
  3. 1997 (12) TMI 521 - HC
The petition for winding up of "Kaushal Leather Board Limited" was dismissed by the High Court of Madhya Pradesh as the company's inability to pay salary did not constitute a debt under section 433(e) of the Companies Act, 1956. The petitioner was advised to pursue salary recovery through appropriate forum.

 

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