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Companies Law - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Maintainability of petition for recovery suit by the company who ...


Court Rules Recovery Suit Invalid Due to Non-Existent Company at Filing Time; Incorporation Revoked and Later Restored.

September 25, 2015

Case Laws     Companies Law     HC

Maintainability of petition for recovery suit by the company who was not exiting at the time of filing of suit - its incorporation was revoked earlier and restored later - The petitioner was not in existence as on the date of institution. The petition was hence not maintainable. - HC

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