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Companies Law - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Winding-up petition - non-payment of the 'Professional Fees' - ...


Winding-Up Petition Filed for Unpaid Fees Can't Serve as Recovery Suit Without Company's Clear Liability Admission.

January 13, 2017

Case Laws     Companies Law     HC

Winding-up petition - non-payment of the 'Professional Fees' - The winding-up petition cannot partake the character of a money recovery suit and unless the liability is clearly admitted by the Respondent Company - HC

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