Scheme of revival to take over management of co.-in-liquidation couldn't be accepted: Delhi HC

CL: Where an entity whose background was unknown proposed to revive company-in-liquidation but scheme of revival sought to take over management of company-in-liquidation, said scheme could not be termed as just, fair or reasonable as it completely lacked bona fide and thus, application for revival was to be dismissed

from www.taxmann.com Latest Case Laws http://bit.ly/2Jx8KMr