Company winding-up petition: special resolution and financial facts seek Tribunal winding-up and consequential orders. The petition requires factual showing that continuation of an existing voluntary or Tribunal winding-up is contrary to creditors' or contributories' interests; confirms a duly passed special resolution at a general meeting; sets out the company's financial position and circumstances leading to the resolution; prays for winding-up by the Tribunal under the Companies Act and for such other just orders; and attaches the notice of meeting, copy of the resolution, and statement of affairs.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Company winding-up petition: special resolution and financial facts seek Tribunal winding-up and consequential orders.
The petition requires factual showing that continuation of an existing voluntary or Tribunal winding-up is contrary to creditors' or contributories' interests; confirms a duly passed special resolution at a general meeting; sets out the company's financial position and circumstances leading to the resolution; prays for winding-up by the Tribunal under the Companies Act and for such other just orders; and attaches the notice of meeting, copy of the resolution, and statement of affairs.
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