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Companies Law - Highlights / Catch Notes

Home Highlights August 2013 Year 2013 This

Winding up u/s 433(e) r.w 434(1)(a) - Inability to pay Debts ...


Court Temporarily Suspends Winding-Up Order Under Companies Act to Allow Company to Settle Debt in Eight Weeks.

August 22, 2013

Case Laws     Companies Law     HC

Winding up u/s 433(e) r.w 434(1)(a) - Inability to pay Debts -The order of winding up of the company to be kept in abeyance for a period of eight weeks to give JIL one last opportunity to make payment to E&Y of the admitted liability to the satisfaction of E&Y - HC

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