https://www.taxtmi.com/caselaws?id=291870 Costs in winding up petitions were assessed on the principle that successful parties are ordinarily entitled to costs while unsuccessful parties bear them; a creditor who appears only in support must demonstrate reasonable grounds to claim costs. The High Court reviewed the notice and practice for appearances, found supporting creditors had not adopted or prosecuted the petition and were unwilling to carry it forward, and held they had not shown entitlement to costs. The trial judge's order requiring the original petitioner to pay multiple sets of costs was set aside; no costs awarded to those creditors, while the voluntary liquidator is awarded appeal costs from company assets. en-us Tue, 24 Aug 1937 00:00:00 +0530 Fri, 27 Nov 2020 10:23:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291870 Costs in winding up petitions were assessed on the principle that successful parties are ordinarily entitled to costs while unsuccessful parties bear them; a creditor who appears only in support must demonstrate reasonable grounds to claim costs. The High Court reviewed the notice and practice for appearances, found supporting creditors had not adopted or prosecuted the petition and were unwilling to carry it forward, and held they had not shown entitlement to costs. The trial judge's order requiring the original petitioner to pay multiple sets of costs was set aside; no costs awarded to those creditors, while the voluntary liquidator is awarded appeal costs from company assets. Case-Laws Companies Law Tue, 24 Aug 1937 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291870