https://www.taxtmi.com/caselaws?id=97579 A winding-up petition cannot be directed to advertisement mechanically merely because it has been accepted. After notice to the company, the Company Judge must first consider the company's objections and exercise discretion at the directions stage to decide whether the petition should proceed to advertisement and final hearing, or be stayed or dismissed. Rule 733 required advertisement before final hearing, but did not remove the court's power to stop the petition at an earlier stage where the objections made further steps unwarranted. The order directing advertisement without such consideration was unsustainable, and the matter was remitted for fresh consideration. en-us Fri, 20 Jul 1956 00:00:00 +0530 Tue, 17 Jan 2012 13:00:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97579 A winding-up petition cannot be directed to advertisement mechanically merely because it has been accepted. After notice to the company, the Company Judge must first consider the company's objections and exercise discretion at the directions stage to decide whether the petition should proceed to advertisement and final hearing, or be stayed or dismissed. Rule 733 required advertisement before final hearing, but did not remove the court's power to stop the petition at an earlier stage where the objections made further steps unwarranted. The order directing advertisement without such consideration was unsustainable, and the matter was remitted for fresh consideration. Case-Laws Companies Law Fri, 20 Jul 1956 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97579