https://www.taxtmi.com/caselaws?id=212578 The Court held that the debt of Rs. 24,75,128/- was a crystallized debt owed by the Company to the Firm. The Company's application to recall the admission order was dismissed, and the Firm was allowed to transfer the deposited amount to ongoing arbitration proceedings. The petition for winding up was ordered to be closed. en-us Tue, 24 Jan 2012 00:00:00 +0530 Tue, 03 Apr 2012 16:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212578 The Court held that the debt of Rs. 24,75,128/- was a crystallized debt owed by the Company to the Firm. The Company's application to recall the admission order was dismissed, and the Firm was allowed to transfer the deposited amount to ongoing arbitration proceedings. The petition for winding up was ordered to be closed. Case-Laws Companies Law Tue, 24 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212578