My father invested in a commercial property in Noida, hoping to use it after retirement. Sadly, he passed away, and we found the construction hadn’t even begun. The builder company refused a refund, and now we learned the company is being liquidated due to a winding-up petition by other customers. Can I still file a case against them in the High Court even though they’re being liquidated? We are a Hindu family, and this investment was meant for my father’s future.
Best Answer
Yes, you can still file a case against the builder in the High Court, even during liquidation. The liquidation process doesn’t necessarily extinguish your claim. You can seek recovery from the company’s assets during the liquidation process, or potentially from the directors personally if fraud or mismanagement is established.
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