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Advanced Stage of Liquidation Bars Transfer to NCLT Under Section 434: Karnataka HC
Case Law Details
- Case Name
- Santosh Umakant Jawadar Vs Official Liquidator of Broadcast Infratel India Private Limited (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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Santosh Umakant Jawadar Vs Official Liquidator of Broadcast Infratel India Private Limited (Karnataka High Court)
The Karnataka High Court considered Company Application No. 39/2025 seeking transfer of Company Petition No. 236/2010, a winding-up petition, to the National Company Law Tribunal (NCLT) under Section 434 of the Companies Act, 2013. The original company petition had been filed in 2010 alleging that the respondent company had failed to discharge its admitted debts. The petition was admitted on 11.11.2011, and on 09.01.2012 the respondent company was ordered to be wound up. The Offici...
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