https://www.taxtmi.com/caselaws?id=98084 The court directed that the voluntary winding-up should continue under court supervision, allowing stakeholders to seek court intervention as needed. The court upheld the validity of a resolution authorizing arbitration, emphasizing the necessity of court approval under a supervision order. The petitioners' concerns regarding remuneration were dismissed, with no changes ordered. The judgment clarified the powers and constraints within the winding-up process under the Companies Act, 1956, without awarding costs. en-us Wed, 05 Feb 1964 00:00:00 +0530 Thu, 19 Jan 2012 11:34:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98084 The court directed that the voluntary winding-up should continue under court supervision, allowing stakeholders to seek court intervention as needed. The court upheld the validity of a resolution authorizing arbitration, emphasizing the necessity of court approval under a supervision order. The petitioners' concerns regarding remuneration were dismissed, with no changes ordered. The judgment clarified the powers and constraints within the winding-up process under the Companies Act, 1956, without awarding costs. Case-Laws Companies Law Wed, 05 Feb 1964 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98084