Madras High Court Allows Legal Heirs to Continue Winding-Up Proceedings as Representatives of Deceased Contributory in Company Liquidation. The court held that under Section 430 of the Companies Act, 2013, legal heirs can represent the estate of a deceased contributory without formal substitution under CPC Order 22 Rule 3.
29 Jan 2025The judgment pertains to a series of company applications filed in the winding-up proceedings of M/s. Maxworth Orchards (India) Ltd. The original appl...
