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Companies Law - Highlights / Catch Notes

Home Highlights May 2019 Year 2019 This

Winding up of the Company - Non payment of dues - One thing ...


Company Faces Winding Up Over Non-Payment; Dispute Centers on Retention of Defective Goods Without Payment or Return.

May 16, 2019

Case Laws     Companies Law     HC

Winding up of the Company - Non payment of dues - One thing strikes out immediately. If the goods supplied by the petitioner remained defective, the respondent ought to have returned the goods back to the petitioner. It cannot continue to retain the goods without making the full the payment thereof.

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