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Companies Law - Highlights / Catch Notes

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Validity of summon order - Winding up of the company - Dishonor ...


Summon Order Validity in Company Winding-Up: Tribunal Approval Required u/s 279(1) of Companies Act 2013.

August 10, 2022

Case Laws     Companies Law     HC

Validity of summon order - Winding up of the company - Dishonor of Cheque - Section 138 of NI Act - in terms of Section 279(1) of the Companies Act, 2013, a suit or other legal proceedings can be commenced, or if pending on the date of the winding up order may be proceeded with by or against the company with the leave of the Tribunal and subject to such terms as the Tribunal may impose. - HC

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