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Companies Law - Highlights / Catch Notes

Home Highlights May 2013 Year 2013 This

Winding up – while the Company Court “is not powerless and can ...


Company Court's Role in Winding-Up: Authority Retained, No Power to Alter Sanctioned Schemes Post-Sanction.

May 15, 2013

Case Laws     Companies Law     HC

Winding up – while the Company Court “is not powerless and can never become functus officio“, it cannot rewrite a scheme in any manner, even at the post sanction stage. - HC

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