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    <title>2026 (8) TMI 600 - DELHI HIGH COURT</title>
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    <description>Former directors cannot maintain individual appeals against orders in company winding-up proceedings concerning creditors&#039; and buyers&#039; claims where their locus standi has already been conclusively determined between the same parties on identical facts. The prior final determination precludes reconsideration of entitlement to pursue the appeal. Repeated obstructive conduct affecting the crystallised rights of bona fide buyers may also justify costs. The former director therefore lacked standing to challenge the winding-up orders in an individual capacity.</description>
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      <title>2026 (8) TMI 600 - DELHI HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=796727</link>
      <description>Former directors cannot maintain individual appeals against orders in company winding-up proceedings concerning creditors&#039; and buyers&#039; claims where their locus standi has already been conclusively determined between the same parties on identical facts. The prior final determination precludes reconsideration of entitlement to pursue the appeal. Repeated obstructive conduct affecting the crystallised rights of bona fide buyers may also justify costs. The former director therefore lacked standing to challenge the winding-up orders in an individual capacity.</description>
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