2003 (3) TMI 600 - HC - Companies Law

Summary

The High Court of Madhya Pradesh dismissed a company petition filed by a creditor under section 433(e) of the Companies Act, as the respondent-company was declared a sick industrial company and referred for winding up. The court directed the petitioner to submit their claim before the Official Liquidator in the winding up proceedings. The court's interim orders in this petition will have a binding effect in the main winding up petition. The company petition was disposed of without costs.