https://www.taxtmi.com/caselaws?id=100267 The court admitted the petition to wind up an unregistered foreign company, emphasizing the need to ascertain the existence of company assets within the jurisdiction before finalizing the winding-up decision. Despite the petitioner's failure to comply with statutory notice requirements, the court found grounds for winding up the company, considering its dissolution process in Germany, cessation of business in Calcutta, and inability to pay debts. Advertisements were ordered, and a provisional liquidator was appointed to investigate the presence of assets in India, with further proceedings scheduled. en-us Fri, 06 May 1983 00:00:00 +0530 Tue, 31 Jan 2012 17:42:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100267 The court admitted the petition to wind up an unregistered foreign company, emphasizing the need to ascertain the existence of company assets within the jurisdiction before finalizing the winding-up decision. Despite the petitioner's failure to comply with statutory notice requirements, the court found grounds for winding up the company, considering its dissolution process in Germany, cessation of business in Calcutta, and inability to pay debts. Advertisements were ordered, and a provisional liquidator was appointed to investigate the presence of assets in India, with further proceedings scheduled. Case-Laws Companies Law Fri, 06 May 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100267