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of <h1>High Court directs company to deposit Rs. 5 lakhs within 8 weeks or face petition admission</h1> The High Court of Bombay ordered the company to deposit Rs. 5 lakhs within eight weeks. Failure to comply would lead to the admission of the company ... Winding up - Circumstances in which a company may be wound up The High Court of Bombay ordered the company to deposit Rs. 5 lakhs within eight weeks. Failure to do so would result in the company petition being admitted. If the amount is deposited, the petition will be dismissed, and the petitioner can file a suit within four weeks.
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