Bombay High Court Allows Employee to Maintain Winding Up Petition as Creditor for Unpaid Salary Under Companies Act, 1956. Employee's claim for unpaid wages constitutes a debt under section 433(e) read with section 434(1)(a) of the Companies Act, 1956, entitling him to file a winding up petition as a creditor.
22 Mar 2017The judgment addresses a reference to a larger bench of the Bombay High Court on the question whether an employee can maintain a winding up petition u...




