https://www.taxtmi.com/caselaws?id=783069 SC held that the appellant's offer to deposit the claimed amount in winding up proceedings did not constitute an unconditional admission of liability and could not justify disposal of the statutory appeal without adjudication on merits. Observing that HC's order, with conditions on withdrawal and security, reflected only an interim arrangement, SC modified the impugned order by deleting the direction disposing of the appeal. The company appeal under Section 483 of the Companies Act, 1956 was ordered to be restored to the HC file for decision in accordance with law, with the deposited amount to abide the final outcome. en-us Tue, 02 Dec 2025 00:00:00 +0530 Tue, 09 Dec 2025 12:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783069 SC held that the appellant's offer to deposit the claimed amount in winding up proceedings did not constitute an unconditional admission of liability and could not justify disposal of the statutory appeal without adjudication on merits. Observing that HC's order, with conditions on withdrawal and security, reflected only an interim arrangement, SC modified the impugned order by deleting the direction disposing of the appeal. The company appeal under Section 483 of the Companies Act, 1956 was ordered to be restored to the HC file for decision in accordance with law, with the deposited amount to abide the final outcome. Case-Laws Companies Law Tue, 02 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783069