When a criminal case u/s 420 of the IPC is going on against a company, can a winding up petition be filed against the same company by the same petitioner u/s 439 of the Companies Act, parallelly
Menu
Dual litigation
Replies (1)
The act however does not prohibits from filing a parellel case where civil suit is pending, winding up proceedings is not only in favour of petitioners but also shareholders, creditors etc pendency of a suit is not a bar to file a winding up petition for the same debt it can be filed but will be at the mere authority of the judge to decide on after proper filing and seeing the necessity of the case
Recent Topic
- How to show Capital Gain on gifted property
- TIS Glitch Alert : inflated summary
- IT returns of partners
- Challan status in Payment Failed but amount deduct
- Sec 54 exemption
- Query regarding retirement benefits
- TDS Payment and filing
- Capital gains exemption under sec 54
- Revamped traces portal, conso file download failed
- Due date of ITR for Option Trader
Related Topics
CAclubindia
