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        Companies Law

        2017 (8) TMI 1653 - HC - Companies Law

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        Court adjourns case to consider payment extension request possibly affecting admission order recall. The Bombay HC adjourned the case to 24th August, 2017 to consider the respondent's request for additional time to make payment, possibly leading to the ...
                        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.

                              Court adjourns case to consider payment extension request possibly affecting admission order recall.

                              The Bombay HC adjourned the case to 24th August, 2017 to consider the respondent's request for additional time to make payment, possibly leading to the recall of the admission order due to the company's default on installment payment.


                              The Bombay High Court heard a case where the company defaulted on installment payment, leading to the petition being admitted and advertised. The respondent requested more time to pay, which may require recalling the admission order. The case was adjourned to 24th August, 2017 for further directions on payment and revised consent terms.
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