Binani Cement Ltd., v. State Finance and Ors.
Case brief
What is this about?
Courts dismissed connected special appeals by Binani Cement Ltd. holding that liquidation proceedings were completed and the unit had been taken over by Ultratech Cement, rendering the appeals non-survivable.
What did the court decide?
Appeals against decisions in liquidation matter dismissed as they do not survive completion of liquidation and takeover of unit by Ultratech Cement.