Indusind Bank Ltd. v. Jayanti Business Machinesltd
Case brief
What is this about?
In Company Petition 37 of 1998, the court disposed of the petition without merits because a winding-up order was already passed in a prior liquidation proceeding against the respondent.
What did the court decide?
Petition disposed with liberty reserved for creditors to raise claims before the Official Liquidator in existing liquidation proceedings.