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of <h1>Tribunal's Authority on Company Winding Up Petitions under Clause 273: Orders, Liquidator Appointments, and Response Protocols.</h1> The Tribunal has the authority to decide on petitions for winding up a company, as outlined in Clause 273 of the Companies Bill, 2011. It can dismiss the petition, issue interim orders, appoint a provisional liquidator, order the winding up of the company, or make any other appropriate order. Orders must be made within ninety days of the petition's presentation. Before appointing a provisional liquidator, the company must be notified and given a chance to respond, unless there are special reasons. The Tribunal cannot refuse a winding up order solely because the company's assets are mortgaged or absent. If a petition is based on just and equitable grounds, the Tribunal may deny the order if a reasonable alternative remedy exists.
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