https://www.taxtmi.com/caselaws?id=103029 The court granted the official liquidator's application for dissolution under section 481 of the Companies Act, 1956, leading to the dissolution of Faizabad Roofing Company Ltd. The decision was based on the unavailability of company records, the inability to progress with liquidation due to missing records and conflicting claims, and the sale of company assets by U.P. Financial Corporation in 1989. The court found it futile to continue the process after eight years of minimal progress and ordered the dissolution of the company. en-us Mon, 18 Dec 1995 00:00:00 +0530 Mon, 20 Feb 2012 13:21:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103029 The court granted the official liquidator's application for dissolution under section 481 of the Companies Act, 1956, leading to the dissolution of Faizabad Roofing Company Ltd. The decision was based on the unavailability of company records, the inability to progress with liquidation due to missing records and conflicting claims, and the sale of company assets by U.P. Financial Corporation in 1989. The court found it futile to continue the process after eight years of minimal progress and ordered the dissolution of the company. Case-Laws Companies Law Mon, 18 Dec 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103029