https://www.taxtmi.com/caselaws?id=98543 The court held that the appeal from the order refusing to stay the winding-up petition was competent, relying on the Supreme Court decision in *Shankarlal Agarwala v. Shankarlal Poddar*. It emphasized that section 483 of the Companies Act allows appeals on orders affecting parties' rights. Regarding the stay of the winding-up petition, the court found the grievances lacked merit and were driven by personal motives rather than company interests. The court allowed the appeal, setting aside the initial judgment, and ordered costs in favor of the appellant. Justice S.K. Mukherjea concurred, highlighting the appealability of winding-up orders under section 483 and the lack of merit in the respondent's claims. en-us Fri, 26 Jul 1968 00:00:00 +0530 Sat, 21 Jan 2012 10:47:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98543 The court held that the appeal from the order refusing to stay the winding-up petition was competent, relying on the Supreme Court decision in *Shankarlal Agarwala v. Shankarlal Poddar*. It emphasized that section 483 of the Companies Act allows appeals on orders affecting parties' rights. Regarding the stay of the winding-up petition, the court found the grievances lacked merit and were driven by personal motives rather than company interests. The court allowed the appeal, setting aside the initial judgment, and ordered costs in favor of the appellant. Justice S.K. Mukherjea concurred, highlighting the appealability of winding-up orders under section 483 and the lack of merit in the respondent's claims. Case-Laws Companies Law Fri, 26 Jul 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98543