Mr. Hemang Phophalia Vs.The Greater Bombay Co-operative Bank Limited

PROJECT DESCRIPTION

NCLAT held that even if the name of the Company having been struck-off, the Corporate Person cannot file an application under Section 59 for Voluntary Liquidation. In such a case and in view of the provisions of Section 252(3) read with Section 248 (7) and (8), we hold that the application vunder Sections 7 and 9 will be maintainable against the ‘Corporate Debtor’, even if the name of a ‘Corporate Debtor’ has been struck-off.

Project Information

  • Client: Robert Smith
  • Completed Date: 03-02-2017
 

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