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Official Liquidator’s Recovery Plea Dismissed as Time-Barred Due to 800-Day Delay: Karnataka HC
Case Law Details
- Case Name
- Benetton India Private Limited Vs Official Liquidator (Karnataka High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Karnataka High Court
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Benetton India Private Limited Vs Official Liquidator (Karnataka High Court)
The appeal before the Karnataka High Court arose from an order dated 14.03.2024 passed by the Company Judge holding that a recovery application filed by the Official Liquidator under Section 446(2)(b) of the Companies Act, 1956 was within limitation. The Official Liquidator represented a company in liquidation against which a demand notice had been issued to the appellant on 19.12.2011. Winding-up petitions were filed between 2012 and 2014, culminating in a winding-up order on 31.07.2015 and appointme...
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