China Trust Commercial Bank vs Liliput Kidswear Ltd.
Winding up: Remedy under s.433(e) discretionary and to be exercised judicially-Winding up order not following in every case where a company suffered temporary inability to pay its liabilities-The remedy under s.433(e) of the Companies Act 1956 was a discretionary remedy and a winding up order need not follow in every case where a company su [LexDoc Id : 457025]
Empee Sugars and Chemicals Ltd. vs Paharpur Cooling Towers Ltd.
Companies Act 1956 vis-à-vis Arbitration and Conciliation Act 1996-Application under s.8 of 1996 Act not entertainable while dealing with company petition under 1956 Act-Under the scheme of Companies Act 1956, as it now stood, the only forum, which was conferred with the jurisdiction to order winding up of a company wa [LexDoc Id : 480767]
Deloitte Consulting India (P) Ltd. vs ACIT and Ors.
Power of Tribunal-Stay of penalty demand-A.Y. 2004-2005. The quantum appeal was pending before H.C. The entire tax and 25% of penalty was paid. The Tribunal could stay the penalty demand. The [LexDoc Id : 459941]
