https://www.taxtmi.com/caselaws?id=460357 The HC set aside the ex parte order dated 14.10.2015 in a company winding-up petition against the airline company. The court found that while no notice was issued on 17.08.2015 and vakalat was not filed before the hearing date, the airline company's junior counsel failed to appear when instructed. The court granted an interim stay of all further proceedings with conditions preventing asset alienation by the airline company. The applications for appointment of provisional liquidator and injunction restraining asset disposal were disposed of, with the court accepting the airline's contention of having a valid case to oppose the petition. en-us Wed, 27 Jan 2016 00:00:00 +0530 Mon, 20 Jan 2025 20:06:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460357 The HC set aside the ex parte order dated 14.10.2015 in a company winding-up petition against the airline company. The court found that while no notice was issued on 17.08.2015 and vakalat was not filed before the hearing date, the airline company's junior counsel failed to appear when instructed. The court granted an interim stay of all further proceedings with conditions preventing asset alienation by the airline company. The applications for appointment of provisional liquidator and injunction restraining asset disposal were disposed of, with the court accepting the airline's contention of having a valid case to oppose the petition. Case-Laws Companies Law Wed, 27 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460357