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Companies Law - Highlights / Catch Notes

Home Highlights August 2018 Year 2018 This

Winding up of respondent company under Section 433 (e) on the ...

Companies Law

August 29, 2018

Winding up of respondent company under Section 433 (e) on the ground of inability to pay the debt - proof of bonafide debt - It is settled position in law that winding up proceeding cannot be used as a tool to recover the bona-fidely disputed debts as a substitute for recovery suit.

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