Legal Question in Credit and Debt Law in

can winding-up petition be filed after 6 six years from the date of last payment received and on what grounds?


Asked on 9/02/10, 3:27 am

1 Answer from Attorneys
Vishwa Arya Arya & Co.

the debt must be legally enforceable. since it was 6 years back, the limitation period for recovery has expired. there fore winding up or otherwise recovery suit cannot be filed

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Answered on 9/03/10, 8:46 am


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