Thursday, 22 May 2014

Co. should be wound up if it isn’t capable of doing business; HC upheld winding up of co. which lost

CL: Where a company is unable to carry on main business and is found to be unable to or incapable of undertaking any other business even in future in a commercially viable manner, substratum of company has gone and winding up petition against it is to be admitted


No comments:

Post a Comment