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Companies Law - Highlights / Catch Notes

Home Highlights March 2013 Year 2013 This

A winding up petition cannot be used as a substitute for a civil ...

Companies Law

March 19, 2013

A winding up petition cannot be used as a substitute for a civil suit. If the company petition for winding up is filed with oblique motive and only to put pressure on the respondent company, the same should be dismissed.- HC

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