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Winding up petition not maintainable if petitioner accepts receiving lesser amount towards full & final settlement
Case Law Details
- Case Name
- Arun Kumar Engineer and Contractors Vs Finolex Cables Ltd. (Bombay High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Bombay High Court
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HIGH COURT OF BOMBAY
Arun Kumar Engineer and Contractors
Versus
Finolex Cables Ltd.
CO. PETITION NO. 249 OF 2011
OCTOBER 10, 2012
JUDGMENT
1. Heard Finally.
2. The Petitioner has invoked under section 433 and 434 of the Companies Act, 1956, based upon the invoice so raised in the Petition for Rs. 33,79,914 and 76 paise.
3. The Petitioner was assigned the work of land development (filling of ground) at Rooree, by work order dated 11th August 2006. The time was the essence of the work. The agreed date was 15th September 2006. The Petitioner proceeded accordingly. The bills wer...
