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Companies Law - Highlights / Catch Notes

Home Highlights August 2012 Year 2012 This

When there is a bona fide dispute with regard to debt as claimed ...


Court Rules Against Winding Up Company Amid Genuine Debt Dispute Likely to Succeed on Legal Grounds.

August 30, 2012

Case Laws     Companies Law     HC

When there is a bona fide dispute with regard to debt as claimed by the petitioner and when the dispute is likely to succeed in a point of law, it would be highly inappropriate to wind up the respondent-company. - HC

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