https://www.taxtmi.com/caselaws?id=458559 The HC admitted the petitions filed by the petitioners, Sunil Kothari and Balwant Singh, against the respondent company. It deferred the order on admission, appointment of a provisional liquidator, and publication of citations for six weeks, allowing time for negotiations or deposit of principal amounts. The issue of interest remains unresolved, with the matter scheduled for re-listing on 1st February 2011. The court dismissed Welldone Estate Projects Private Limited's petition due to the absence of a written contract. The court emphasized the respondent's personal liability in the agreements and rejected the defense of acting as an agent. en-us Mon, 13 Dec 2010 00:00:00 +0530 Wed, 06 Nov 2024 19:52:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458559 The HC admitted the petitions filed by the petitioners, Sunil Kothari and Balwant Singh, against the respondent company. It deferred the order on admission, appointment of a provisional liquidator, and publication of citations for six weeks, allowing time for negotiations or deposit of principal amounts. The issue of interest remains unresolved, with the matter scheduled for re-listing on 1st February 2011. The court dismissed Welldone Estate Projects Private Limited's petition due to the absence of a written contract. The court emphasized the respondent's personal liability in the agreements and rejected the defense of acting as an agent. Case-Laws Indian Laws Mon, 13 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458559