https://www.taxtmi.com/caselaws?id=99932 A company may be ordered to be wound up where undisputed facts show it has ceased business, failed to repay loan and interest, vacated its registered office, lacks functioning management, and has persistently defaulted on statutory obligations such as holding an annual general meeting and filing annual returns. On those facts, the material indicated inability to meet obligations and no effective commercial operations, supporting winding up as a going concern issue under the Companies Act, 1956. en-us Tue, 16 Dec 1980 00:00:00 +0530 Mon, 30 Jan 2012 16:21:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99932 A company may be ordered to be wound up where undisputed facts show it has ceased business, failed to repay loan and interest, vacated its registered office, lacks functioning management, and has persistently defaulted on statutory obligations such as holding an annual general meeting and filing annual returns. On those facts, the material indicated inability to meet obligations and no effective commercial operations, supporting winding up as a going concern issue under the Companies Act, 1956. Case-Laws Companies Law Tue, 16 Dec 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99932