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1 - 5 of 5 (0.21 seconds)Section 439 in The Companies Act, 1956 [Entire Act]
Madhusudan Gordhandas & Co vs Madhu Woollen Industries Pvt. Ltd on 29 October, 1971
26. Even according to CDR, TTL is expected to restructure the debt
owing to ANZ. Till date, TTL has not even proposed any such
restructuring. Mr. Rawal states that some time may be given for that
purpose. He has also tendered a synopsis of submissions in which
reliance is placed on the decisions in Madhusudan Gordhandas and
Co. v. Madhu Woollen Industries Pvt. Ltd. 1972 (42) Company
Cases 125, New Swadeshi Mills of Ahmedabad Ltd. v. Dye-Chem
Corporation 1986 (59) Company Cases 183 (Guj),In Re: Rishi
Enterprises 1992 (73) Company Cases 271 (Guj). Mr. Kaul on the
other hand presses for the appointment of the PL as that was an
CCP. (Co.) No. 3 of 2013 and Co. Pet. No. 395 of 2012 Page 16 of 20
eventuality already stipulated in the order dated 21st November 2012.
New Swadeshi Mills Of Ahmedabad Ltd. vs Dye-Chem Corporation on 2 January, 1985
26. Even according to CDR, TTL is expected to restructure the debt
owing to ANZ. Till date, TTL has not even proposed any such
restructuring. Mr. Rawal states that some time may be given for that
purpose. He has also tendered a synopsis of submissions in which
reliance is placed on the decisions in Madhusudan Gordhandas and
Co. v. Madhu Woollen Industries Pvt. Ltd. 1972 (42) Company
Cases 125, New Swadeshi Mills of Ahmedabad Ltd. v. Dye-Chem
Corporation 1986 (59) Company Cases 183 (Guj),In Re: Rishi
Enterprises 1992 (73) Company Cases 271 (Guj). Mr. Kaul on the
other hand presses for the appointment of the PL as that was an
CCP. (Co.) No. 3 of 2013 and Co. Pet. No. 395 of 2012 Page 16 of 20
eventuality already stipulated in the order dated 21st November 2012.
Section 454 in The Companies Act, 1956 [Entire Act]
1