https://www.taxtmi.com/caselaws?id=97925 The court dismissed the petition for compulsory winding up, as the petitioner failed to establish that it was just and equitable to wind up the company. The receiver was to continue for one month, after which the management would be returned to the board of directors unless an appellate court ordered otherwise. en-us Tue, 10 Jan 1961 00:00:00 +0530 Wed, 18 Jan 2012 15:49:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97925 The court dismissed the petition for compulsory winding up, as the petitioner failed to establish that it was just and equitable to wind up the company. The receiver was to continue for one month, after which the management would be returned to the board of directors unless an appellate court ordered otherwise. Case-Laws Companies Law Tue, 10 Jan 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97925