https://www.taxtmi.com/caselaws?id=97785 Company winding-up rules ordinarily require advertisement of a petition, but the scheme does not make publication automatic or inflexible in every case. Rule 96 allows the judge to give notice to the company before directing advertisement, and the court's inherent power under Rule 9 may be used to make directions necessary to secure justice or prevent abuse of process. Where a closely held family company faces a contributory's petition on just and equitable grounds, immediate advertisement may cause serious prejudice before preliminary objections and allegations of mala fides are determined. The court therefore had discretion to suspend advertisement for the time being. en-us Fri, 27 Jan 1961 00:00:00 +0530 Wed, 18 Jan 2012 10:58:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97785 Company winding-up rules ordinarily require advertisement of a petition, but the scheme does not make publication automatic or inflexible in every case. Rule 96 allows the judge to give notice to the company before directing advertisement, and the court's inherent power under Rule 9 may be used to make directions necessary to secure justice or prevent abuse of process. Where a closely held family company faces a contributory's petition on just and equitable grounds, immediate advertisement may cause serious prejudice before preliminary objections and allegations of mala fides are determined. The court therefore had discretion to suspend advertisement for the time being. Case-Laws Companies Law Fri, 27 Jan 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97785