Court Rules Winding-Up Petition Unjustified Due to Trustee's Lack of Authorization, Protects Functioning Company from Premature Closure.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Winding up petition - , it will be too harsh to order winding up of a running company, merely on the petition by trustee, filed without proper authorisation. - HC....