Supreme Court · 2008 INSC 932 · Decided 13 August 2008
DCM Financial Services LTD. v. Neel Kamal Plastics LTD. & ANR.
- Court
- Supreme Court of India
- Citation
- 2008 INSC 932 · [2008] 12 S.C.R. 40
- Case number
- CIVIL APPEAL No. 2801/2002
- Decided
- 13 August 2008
- Bench
- P. SATHASIVAM, AFTAB ALAM (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Companies Act Section 433, 434, 529A, 530
Headnote
r Companies Act, 1956 - ss. 433, 434, 529A and 530 - Winding up petition - By one of the creditors of debtor com- c pany- Interim order restraining sale of property of debtor- Nev- ertheless. sale of property by the debtor and its sister cpncern in different proceedings before Debts Recovery in a different High Court - Out of court settlement be- tween the debtor, purchaser and the creditor for payment of cer- D tain amount by the purchaser to creditor- Company Court was informed that sale of the property was permitted in the proceed- [ ings in the suit - Company Court vacating the
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