Creditor petition for winding-up: seeks court winding-up order after demand notice and alleged insolvency of company. Form No. 46 requires a creditor petition to state the petitioner's particulars, the debt and its particulars, service of a demand notice and the company's failure to pay, particulars of any unsatisfied execution, an averment of inability to pay, and a prayer that the company be wound up by the Court under the Companies Act.
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Creditor petition for winding-up: seeks court winding-up order after demand notice and alleged insolvency of company.
Form No. 46 requires a creditor petition to state the petitioner's particulars, the debt and its particulars, service of a demand notice and the company's failure to pay, particulars of any unsatisfied execution, an averment of inability to pay, and a prayer that the company be wound up by the Court under the Companies Act.
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