Transferee company's creditors can't intervene in transferor's Section 391 petition under Companies Act.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Amalgamations - Locus Standi - The creditors of the transferee Company would have no right to intervene in the petition filed by the transferor Company under Section 391 of the Companies Act. - HC....
TaxTMI