https://www.taxtmi.com/caselaws?id=108451 A subsequent winding-up petition against the same company was held unnecessary and not maintainable because an earlier company petition had already been admitted and advertised. Once a company petition is admitted and advertised, it assumes a representative character for all creditors, and claims should be brought in that pending proceeding rather than through a fresh petition seeking the same relief. The petitioner was therefore directed to pursue its grievance by making an appropriate application in the earlier petition, with liberty granted to submit its claim in Company Petition No. 35 of 1997. en-us Tue, 25 Feb 2003 00:00:00 +0530 Sat, 31 Mar 2012 16:13:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108451 A subsequent winding-up petition against the same company was held unnecessary and not maintainable because an earlier company petition had already been admitted and advertised. Once a company petition is admitted and advertised, it assumes a representative character for all creditors, and claims should be brought in that pending proceeding rather than through a fresh petition seeking the same relief. The petitioner was therefore directed to pursue its grievance by making an appropriate application in the earlier petition, with liberty granted to submit its claim in Company Petition No. 35 of 1997. Case-Laws Companies Law Tue, 25 Feb 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108451