against La-Fin in the Bombay High Court under Section 433(e) of
the Companies Act, 1956.
(viii) The Code came into force ... this stage, it is necessary to set out Section 433(e) and
Section 434 of the Companies Act, 1956, which read as follows:
28
“433
company is unable to pay its debts as envisaged by section 433(e) of the Companies ... winding up petitions under section 433(f) , they would equally apply to a winding up petition under section 433(e) . It has been clearly ruled
employee can be covered within
the meaning of debts under Section 433(e)
of the Companies Act, 1956 and the view
taken by learned Single ... does not become "debt" within the meaning of
Section 433(e) of the Act. The workman or employee of the
Company cannot pursue
Comany is unable to pay its debts as envisaged by S. 433(e) of the Act.
In O.S.A. No. 19/93 also these ... winding up petitions under Section 433(f) , they would equally apply to a winding up petition under Section 433(e) . It has been clearly ruled
Khanna, J.
1. The present petition for winding up under Sections 433(e) , 433(f) and 439 of the Companies Act, 1956 (hereinafter referred ... with it's obligations.
24. Debt for purposes of Section 433 (e) and 434 (1) (a) of the Act means a money owed
respondent company was unable to pay its
debts under Section 433 (e) of the Companies Act.
In the order under appeal dated ... respondent-company and, prima
facie, the ingredients of Section 433 (e) read with Section 434 (1)
(a) of the Companies Act were satisfied which necessitated
wound up under Section 433(f) of the Companies Act, in addition to Section 433(e) of the Act. In that, learned counsel would argue ... provisions of Section 433 of the Companies Act. In that, the court has observed for the purpose of Section 433(e) of the Act (page
Company Petition No. 22 of 2002 before this court under Sections 433(e) , 433(f) , 439 and 443 of the Indian Companies Act, 1956, read ... prayer for winding up of the company as per Section 433(e) and 433(f) of the Companies Act, 1956. The prayer for appointment
issued a notice dated 17.7.1995 to the respondent-company under Section 433(e) of the Act demanding payment of a total ... appellant he filed C.P. No. 71 of 1996 under Sections 433(e) and Section 439 of the Act for winding up of the respondent
This company petition is filed by the petitioner-company under Section 433(e), (f), read with Sections 434 and 439(1)(b) of the Companies ... Comp Cas 580 (Gauhati), the company petition was filed under Section 433(e) of the Act on the ground that the respondent-company was unable