Hi,
"A" Limited company is a subsidiary of "B" Limited Company.
A Co. purchased the goods from suppliers for the purpose of manufacture of their own product.
A co did not pay the full amount to the suppliers and money is due to be paid by A co.
All the directors and management of A co is same as B Co (i.e the Holding Co)
In case A co is no longer into the business and has stopped the delaing in the market, can the suppliers move against the A co and its Holding company for the recovery of money .
What are the modes of recovery available with the suppliers which they can resort to .
Regards
