Bombay High Court Dismisses Writ Petition Challenging Registration of Charge Under Companies Act — Petitioner Company Failed to Discharge Debt and Opposed Registration of Charge by Creditor; Court Held That Registration of Charge Is Not Dependent on Consent of Borrower and That the Remedy of Appeal Under Section 10F of Companies Act Is Available.
5 Mar 2018The petitioner, Pearl Engineering Polymers Ltd., a company engaged in polyester chips manufacturing, had borrowed funds from respondent No.4 (AFIC) by...
