Tag Archives: Section 433

Limitation Act applies to appeals before NCLT and NCLAT

Section – 433 of Companies Act, 2013 Enforced w.e.f 1-6-2016  NOTIFICATION NO. SO 1934(E) [F.NO.A-45011/14/2016-AD.IV], Limitation. 433. The provisions of the Limitation Act, 1963 (36 of 1963) shall, as far as may be, apply to proceedings or appeals before the Tribunal or the Appellate Tribunal, as the case may be.

winding up petition against company if fails to pay outstanding dues

Question : Whether winding up petition against  the company can admitted in case company fails to pay outstanding dues ?  Whether since in e-mails respondent-company had acknowledged to pay outstanding dues to petitioner-company but had failed to pay same, respondent was unable to discharge admitted liability and, thus, winding up petition against it was to be… Read More »