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Companies Law - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Winding up Petition - share application money - Merely because ...


Winding Up Petition: Share Application Refund Request Isn't a Debt Under Company Law; No Automatic Repayment Obligation.

September 27, 2012

Case Laws     Companies Law     HC

Winding up Petition - share application money - Merely because a refund has been asked, neither is it a debt nor is the Company liable to pay the same. - HC

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