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Companies Law - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Validation of pledge of shares when winding up was initiated – ...


High Court Upholds Share Pledge and Transfer as Legitimate Actions During Company's Liquidation Process.

August 4, 2015

Case Laws     Companies Law     HC

Validation of pledge of shares when winding up was initiated – pledge of shares by Company in liquidation and transfer of shares effected during pendency of winding up were both bona fide and in interest of Company in liquidation - HC

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