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 deponents were duly authorised by the petitioning creditors to verify and file the winding-up petition on the basis of a foreign power of attorney notarised in Singapore.
Analysis: The direction earlier issued by the Court required production of valid board resolutions of the petitioning creditors supported by powers of attorney. No valid resolutions were produced. The power of attorney relied upon was notarised by a foreign notary in Singapore, and the consular endorsement merely stated that it had been seen in the Consular Section and that no responsibility was taken for its contents. Section 85 of the Indian Evidence Act, 1872 cannot be applied in isolation where foreign notarial acts are concerned. Recognition of such an act in India depends on reciprocal recognition under Section 14 of the Notaries Act, 1952, and the Central Government notification contemplated therein. In the absence of such notification, the foreign notarial act could not be judicially recognised.
Conclusion: The deponents were not duly authorised, and the winding-up petition was liable to be rejected.