https://www.taxtmi.com/caselaws?id=102186 Rule 79 of the Companies (Court) Rules, 1959 permits a creditor or contributory, with leave of the court, to present a petition for confirmation when the company does not do so. The applicants were already recognised in earlier orders as persons entitled to be treated as creditors and members, and the official liquidator had not filed the confirmation petition, so leave was properly granted. Objections on statutory majority, voting strength, chairman's acceptance of higher claims, and adequacy of financial disclosure were held to concern the merits of confirmation under section 391(2) of the Companies Act, 1956, and not the threshold issue of leave. en-us Wed, 02 May 1990 00:00:00 +0530 Tue, 14 Feb 2012 10:11:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102186 Rule 79 of the Companies (Court) Rules, 1959 permits a creditor or contributory, with leave of the court, to present a petition for confirmation when the company does not do so. The applicants were already recognised in earlier orders as persons entitled to be treated as creditors and members, and the official liquidator had not filed the confirmation petition, so leave was properly granted. Objections on statutory majority, voting strength, chairman's acceptance of higher claims, and adequacy of financial disclosure were held to concern the merits of confirmation under section 391(2) of the Companies Act, 1956, and not the threshold issue of leave. Case-Laws Companies Law Wed, 02 May 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102186