2003 (1) TMI 526 - HC - Companies Law

Summary

The High Court of Madhya Pradesh dismissed a company petition filed by a creditor under section 433(e) of the Companies Act, as the respondent-company was declared a sick industrial company and pending winding up orders. The petitioner needs to prove their claim before the Official Liquidator in accordance with the Companies Act. The petition was declined and disposed of with no costs.