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Central Bank Of India vs Sukhani Mining And Engineering ... on 22 April, 1976

In the decision in Central Bank of India v. Sukhani Mining and Engineering Industries P. Ltd. [1977] 47 Comp Cas 1, a single judge of the Patna High Court has held that winding up proceedings is not merely for the benefit of the petitioner but for all shareholders, creditors or contri-butories of the company and, therefore, winding up proceedings could not be stayed or dismissed merely because the creditor has filed a suit against the company.
Patna High Court Cites 18 - Cited by 12 - Full Document

V.K. Jain vs Richa Laboratories (P) Ltd. on 20 April, 1993

22. I am in respectful agreement with the above principles of law laid by the various High Courts referred to above. Therefore, the contention that as the petitioner has already filed a suit before the sub-court, Coimbatore, for realisation of the amount alleged to have been due from the respondent the above petition to wind up the respondent-company is not sustainable, cannot be accepted.
Delhi High Court Cites 1 - Cited by 6 - Full Document
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