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of <h1>Tribunal's Options for Winding-Up Petition: Dismiss, Interim Orders, Provisional Liquidator, or Order Winding Up Under Section 272.</h1> The Tribunal, upon receiving a winding-up petition under Section 272 of the Companies Act, 2013, may 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 Tribunal must notify the company and allow for representation unless special reasons justify dispensing with notice. The Tribunal cannot refuse winding up solely because the company's assets are mortgaged or absent. If an alternative remedy exists, the Tribunal may refuse winding up if petitioners act unreasonably.
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