Arbitral reference in respect of a claim which is made subject-matter of a creditor’s winding up petition would not operate as a bar on winding up proceedings

HIGH COURT OF CALCUTTA

Maheshwary Ispat Ltd., In re

SANJIB BANERJEE, J.

CA NO. 1084 OF 2011

CP NO. 560 OF 2011

OCTOBER 12, 2012

JUDGMENT

1. The parties are not to blame for this creditor’s winding-up petition having lingered for an unnecessary length of time

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