Friday, November 15, 2019

Small cause Court can't restrain liquidator to take possession of property of liquidating-Co. without Court's leave

COMPANY LAW: Where tenants in possession of premises of company-in-liquidation refused to handover same to liquidator on ground that they have obtained decrees from Small Cause Court restraining company-in-liquidation from disturbing their possession, in view of fact that said decrees had been passed after order for winding up and without obtaining leave of Court under section 446, impugned order passed by Small Cause Court were nullity in eyes of law and thus, tenants were directed to handover

from www.taxmann.com Latest Case Laws https://ift.tt/378TiPW

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