https://www.taxtmi.com/caselaws?id=356574 The Court held that secured creditors are entitled to file winding-up petitions under the Companies Act. The learned Single Judge's decision to admit the winding-up petitions was upheld, dismissing the appeals. The Court found the Judge's reasoning reasonable and noted the creditors' right to approach the Company Court for such petitions. Consequently, pending Notices of Motion for stay were disposed of accordingly. en-us Thu, 25 Jan 2018 00:00:00 +0530 Thu, 08 Mar 2018 07:03:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356574 The Court held that secured creditors are entitled to file winding-up petitions under the Companies Act. The learned Single Judge's decision to admit the winding-up petitions was upheld, dismissing the appeals. The Court found the Judge's reasoning reasonable and noted the creditors' right to approach the Company Court for such petitions. Consequently, pending Notices of Motion for stay were disposed of accordingly. Case-Laws Companies Law Thu, 25 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356574