Bombay High Court Allows Winding Up Petition to Proceed Despite Pending Arbitration — Arbitration Not a Bar to Section 439 Companies Act Proceedings. Company Court directed to consider winding up petition on its own merits, as arbitration proceedings do not bar winding up under Section 439 of the Companies Act, 1956.
29 Jan 2016The appellant, M/s. Corporate Ispat Alloys Ltd., filed a winding up petition under Section 439 of the Companies Act, 1956 against the respondent, M/s....
