https://www.taxtmi.com/caselaws?id=175391 The court dismissed the Company Petition as premature, emphasizing the need for reconciliation and payment from Hindustan Aeronautics Ltd. (HAL) before determining the liability of the respondent company. The judgment highlighted the importance of settling accounts in accordance with contract terms and conditions before seeking relief under Sections 433 and 434 of the Companies Act, 1956. en-us Wed, 17 Oct 2012 00:00:00 +0530 Wed, 24 Jan 2018 18:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175391 The court dismissed the Company Petition as premature, emphasizing the need for reconciliation and payment from Hindustan Aeronautics Ltd. (HAL) before determining the liability of the respondent company. The judgment highlighted the importance of settling accounts in accordance with contract terms and conditions before seeking relief under Sections 433 and 434 of the Companies Act, 1956. Case-Laws Companies Law Wed, 17 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175391