https://www.taxtmi.com/caselaws?id=97336 An unregistered foreign company capable of being wound up under the Indian Companies Act, 1913 could itself present a winding-up petition because the statutory provisions applying winding-up rules to unregistered companies did not exclude the company from invoking that remedy. Directors could present the petition without prior shareholder approval where the articles authorised them to exercise powers not reserved to general meeting and no statute required a shareholder resolution. Shareholders retained the ability to object, and any irregularity could be ratified. The winding-up order was upheld and the appeal dismissed. en-us Fri, 19 Aug 1955 00:00:00 +0530 Mon, 16 Jan 2012 13:05:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97336 An unregistered foreign company capable of being wound up under the Indian Companies Act, 1913 could itself present a winding-up petition because the statutory provisions applying winding-up rules to unregistered companies did not exclude the company from invoking that remedy. Directors could present the petition without prior shareholder approval where the articles authorised them to exercise powers not reserved to general meeting and no statute required a shareholder resolution. Shareholders retained the ability to object, and any irregularity could be ratified. The winding-up order was upheld and the appeal dismissed. Case-Laws Companies Law Fri, 19 Aug 1955 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97336