winding up

Home - winding up

Posted inNews

Delhi High Court upholds SEBI takeover of CRB Mutual Fund winding-up — Special Committee’s fiduciary lapses flagged; forensic audit and recovery directions sustained, appeals partly dismissed

Court’s decision The Delhi High Court partly dismissed two connected company appeals arising from the decades-old CRB Mutual Fund winding-up proceedings, upholding the learned Single Judge’s directions transferring control from…

Posted by

Rawlaw January 28, 2026

Posted inNews

Bombay High Court Upholds Winding Up of Bassein Metals Private Limited for Non-Payment of Admitted Debts Despite Decree and Demand Promissory Note, Emphasising “It is Better to Bury a Company with No Assets Than Let It Default Further”

Court’s Decision The Bombay High Court dismissed the appeal filed by Bassein Metals Private Limited against the winding-up order dated 11 October 2007. The Court upheld the winding-up under Section…

Posted by

Rawlaw July 10, 2025

Recent News

Supreme Court of India holds miscellaneous application not maintainable after dismissal of special leave petition — “Court becomes functus officio,” recall plea rejected
Supreme Court of India: Post-retirement disciplinary penalty valid if proceedings began in service — “Deemed continuation allows pay reduction affecting pension,” appeal dismissed
Delhi High Court — Volkswagen fails to block Maruti Suzuki’s ‘TRANSFORMOTION’ trademark — Court finds no deceptive similarity with ‘4MOTION’
Supreme Court of India holds state cannot be judge in its own cause in contractual disputes — “Clause barring arbitration and courts read down, arbitral award restored”
Supreme Court of India holds reserved category candidates can migrate to open category despite TET relaxation — “Eligibility relaxation does not dilute merit,” merit list exclusion quashed

Scroll to Top