Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

1959 (7) TMI 35

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....L. Shome, D.N. Medhi and N.W. Lahiri for the Respondent. JUDGMENT C.P. Sinha, CJ. - This appeal has been filed by the appellant against an order dated September 4, 1958, passed by Mr. Justice Mehrotra, the company judge, in the course of the winding up proceeding of the company known as M/s. N.K. Bhattacharjee and Sons (Private) Limited. This winding up proceeding was started at the instance....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... This approval was conveyed to the respondent by a letter of the official liquidator dated June 10, 1958, and by a letter dated June 13, 1958, the respondent acknowledged acceptance of his offer and enclosed a cheque for Rs. 10,000 towards part payment of the consideration. An application was filed by the appellant on June 12, 1958, for reconsideration of the matter and for an order that the pr....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....t the original order dated June 6, 1958, it has long been time-barred. The relevant provision of the Companies Act, 1956, is section 483 which provides for appeal in the following terms : "Appeals from any order made, or decision given, in the matter of the winding up of a company by the court, shall lie to the same court to which, in the same manner in which, and subject to the same conditi....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nding up, they were not parties to the proceeding and, therefore, they were not entitled to file an appeal. To the like effect is the case of Motilal Kanji and Co. v. Natvarlal M. Jhaveri [1932] 2 Comp. Cas. 64 . In that case also it was held that a person who was not a party to the winding up proceeding, but who was merely the propounder of a certain scheme, was not entitled to appeal. On the ....