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Companies Law - Highlights / Catch Notes

Home Highlights August 2012 Year 2012 This

Winding up – alleged that company unable to pay its debts - ...


Company Faces Winding Up Over Debt Issues; Court Denies Respondent's Attempt to Withhold Payment Over Incurred Losses.

August 19, 2012

Case Laws     Companies Law     HC

Winding up – alleged that company unable to pay its debts - respondent could not take advantage of its own breach and withhold balance amount on plea of loss and damages having been incurred - HC

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