Winding up - When the company paid installments to a substantial ...

Court Evaluates Company's Request for Respite in Winding-Up Proceeding After Significant Installment Payment.

May 26, 2015

Case Laws Companies Law HC

Winding up - When the company paid installments to a substantial extent and prayed for some respite the Division Bench, in our view, would be within its right to consider such prayer and examine as to whether the applicant would deserve such treatment and the Court would not be so powerless to entertain such application - HC

View Source

← Previous Next →

Winding up - When the company paid installments to a substantial ...

Court Evaluates Company's Request for Respite in Winding-Up Proceeding After Significant Installment Payment.

May 26, 2015

Case Laws Companies Law HC

You may also like:

Court ordered dissolution of company and discharged Official Liquidator as Liquidator u/s 481 of Companies Act, 1956 as Official Liquidator could not proceed further...

The Delhi High Court considered the winding up of an unregistered foreign company for non-payment of outstanding dues u/s 433(e) and (f) read with Sections 434 and 439...

Seeking winding up of respondent company - Failure to pay outstanding dues - section 434 of the Companies Act, 1956 - The court noted the substantial unpaid amount...

Seeking for an order of winding up of the respondent-company - As pointed out that striking of the name of the company should not come in the way of passing an order of...

Dissolution of company sought u/s 481 of Companies Act, 1956. Court opined liquidation proceedings warranted termination, company should be dissolved as Official...

Winding up of Appellant Company - Transfer of winding up petitions from the Company Court to be tried by the NCLT under IBC - Despite the fact that the liquidator has...

HC transferred pending winding-up petition to NCLT following respondent's explicit request. No substantive progress had occurred in seven years, with neither provisional...

The High Court considered a petition for provisional winding up of a company u/s 450 of the Companies Act, 1956. The key issue was whether the petition should be...

Seeking winding up of the respondent company - failure to pay debt in the normal and ordinary course of its business - The High Court notes the respondent company's...

The High Court addressed the issue of whether a sale agreement made after the commencement of a company's winding up is affected by Section 536(2) of the Companies Act,...

The High Court rejected the appellants' application for release of the amounts deposited by the respondent company. The appellants' contention that their petition was...

Initiation of CIRP - Period of limitation - It is now well settled that the provisions of the Limitation Act are applicable to proceedings under the IBC as far as may be...

When the Official Liquidator cannot proceed with the winding up of the Company for want of funds or for any other reason, the Court can make an order dissolving the Company - HC

Winding up of the respondent company seeked - It is well settled that proceeding for winding up, is not a proceeding for the recovery of outstanding dues. Nor for that...

Validity of summon order - Winding up of the company - Dishonor of Cheque - Section 138 of NI Act - in terms of Section 279(1) of the Companies Act, 2013, a suit or...

Quick Updates: