Withdrawal of winding-up petitions requires leave of the Tribunal; advertised petitions cannot be heard before their advertised hearing date. A petition for winding-up cannot be withdrawn after presentation without leave of the Tribunal. If the petition has been advertised under the applicable advertisement provision, any application to withdraw must not be heard before the date fixed in that advertisement, ensuring interested parties receive notice and an opportunity to be heard prior to withdrawal.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Withdrawal of winding-up petitions requires leave of the Tribunal; advertised petitions cannot be heard before their advertised hearing date.
A petition for winding-up cannot be withdrawn after presentation without leave of the Tribunal. If the petition has been advertised under the applicable advertisement provision, any application to withdraw must not be heard before the date fixed in that advertisement, ensuring interested parties receive notice and an opportunity to be heard prior to withdrawal.
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