https://www.taxtmi.com/caselaws?id=105508 The court held that the applicant, a guarantor in a debt recovery matter, should be impleaded as a party respondent in the company application challenging the liquidator's adjudication. The court emphasized the co-extensive liability of the guarantor with the principal debtor and the potential adverse effects on the applicant if the liquidator's decision was overturned. By allowing the applicant to participate, the court aimed to protect his rights and ensure fairness in the proceedings, ultimately ruling in favor of the applicant with no orders as to costs. en-us Fri, 31 Aug 2001 00:00:00 +0530 Mon, 05 Mar 2012 18:31:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105508 The court held that the applicant, a guarantor in a debt recovery matter, should be impleaded as a party respondent in the company application challenging the liquidator's adjudication. The court emphasized the co-extensive liability of the guarantor with the principal debtor and the potential adverse effects on the applicant if the liquidator's decision was overturned. By allowing the applicant to participate, the court aimed to protect his rights and ensure fairness in the proceedings, ultimately ruling in favor of the applicant with no orders as to costs. Case-Laws Companies Law Fri, 31 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105508