https://www.taxtmi.com/caselaws?id=282070 The court dismissed Dr. K's application for impleadment in Company proceedings, emphasizing that the liberty granted did not permit filing a new application after previous rejections. As a guarantor without shareholding, Dr. K had no right to revive the company under liquidation. The court highlighted that the assets must be distributed as per the Companies Act and rejected all contentions, citing relevant case laws. The application was dismissed with exemplary costs to be paid to the official liquidator. en-us Fri, 11 Dec 2015 00:00:00 +0530 Sat, 20 Jul 2019 07:19:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282070 The court dismissed Dr. K's application for impleadment in Company proceedings, emphasizing that the liberty granted did not permit filing a new application after previous rejections. As a guarantor without shareholding, Dr. K had no right to revive the company under liquidation. The court highlighted that the assets must be distributed as per the Companies Act and rejected all contentions, citing relevant case laws. The application was dismissed with exemplary costs to be paid to the official liquidator. Case-Laws Companies Law Fri, 11 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282070