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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