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liquidation

Home - liquidation

recovery suit
Posted inNews

Bombay High Court holds pending salary recovery suit can continue after liquidation—“Section 33(5) bars only fresh suits, not ongoing proceedings”; liquidator directed to be impleaded

Court’s decision The Bombay High Court set aside an order of the City Civil Court, Mumbai, which had refused to implead the Official Liquidator in a pending salary recovery suit…
Posted by Rawlaw February 8, 2026
liquidation
Posted inNews

Delhi High Court: “Company Court Cannot Shield Guarantors After Winding Up — Liability of Personal Guarantors Is Independent and Continues Even After Liquidation”

Court’s Decision The Division Bench of the Delhi High Court comprising Justice Anil Kshetrapal and Justice Harish Vaidyanathan Shankar dismissed a company appeal filed by the personal guarantors of a…
Posted by Rawlaw October 10, 2025
auction
Posted inNews

Bombay High Court Quashes Revenue Entries Against Auction Purchaser — “Once property is sold in liquidation, entries of charge in 7/12 extract have no effect”

Court’s Decision The Bombay High Court (Nagpur Bench) quashed revenue entries made by the Tahsildar in the 7/12 extract concerning auction-purchased property, holding that such charges were legally ineffective once…
Posted by Rawlaw August 25, 2025

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