Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
Use comma for multiple locations.
---------------- For section wise search only -----------------
Accuracy Level ~ 90%
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
Press 'Enter' after typing page number.
Issues: Whether the company's stay application and appeal survived after its winding up in the absence of impleadment by the official liquidator within the time contemplated by the procedural rules.
Analysis: The company had been ordered to be wound up, notices were issued to the official liquidator, and no appearance or impleadment followed. In the absence of the official liquidator coming on record in terms of the applicable procedural rule, the appeal could not be proceeded with.
Conclusion: The company's stay application and appeal stood abated under Rule 22 of the CEGAT (Procedure) Rules, 1982.
Final Conclusion: The company's challenge was terminated for abatement, while the connected matters of the directors were left for later hearing.
Ratio Decidendi: Where a company in liquidation is not duly represented through the official liquidator within the prescribed time, its appeal abates under the tribunal's procedural rules.