About this document

Winding Up Petition: RSB Legal Advice by Ammar Mustaqim is a document available to read on EtoBox.

RSB cannot set aside the winding up petition filed by ASB as the petition was filed according to law and RSB is commercially insolvent. While RSB can apply for a stay of proceedings, it is unlikely to be granted as RSB does not have current assets to pay debts and cannot prove they deserve a stay within the required timeframe.

Author

Ammar Mustaqim

Language

EN