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Companies Law - Highlights / Catch Notes

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Seeking winding up of the respondent company - inability to pay ...

Case Laws     Companies Law

February 9, 2024

Seeking winding up of the respondent company - inability to pay debts - disobedience of the orders of the Court - The court found the winding-up proceedings to be premature and transferred them to the NCLT due to the existence of parallel insolvency proceedings and the absence of substantive orders.

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