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Companies Law - Highlights / Catch Notes

Home Highlights June 2013 Year 2013 This

Winding up petition - , it will be too harsh to order winding up ...


Court Rules Winding-Up Petition Unjustified Due to Trustee's Lack of Authorization, Protects Functioning Company from Premature Closure.

June 13, 2013

Case Laws     Companies Law     HC

Winding up petition - , it will be too harsh to order winding up of a running company, merely on the petition by trustee, filed without proper authorisation. - HC

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