https://www.taxtmi.com/caselaws?id=103144 The court allowed the winding-up petition filed by Rajasthan Financial Corporation against Shree Guru Nanak Oils Private Limited. Despite objections, the court found the company inactive since its formation, with no business operations conducted. The corporation's actions to recover dues were deemed legitimate, and the court dismissed claims of evasion of loan repayment. As the sole director filed the petition within legal rights, the court ordered the winding up of the company, appointing the official liquidator for the process. en-us Tue, 17 Mar 1992 00:00:00 +0530 Tue, 21 Feb 2012 10:25:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103144 The court allowed the winding-up petition filed by Rajasthan Financial Corporation against Shree Guru Nanak Oils Private Limited. Despite objections, the court found the company inactive since its formation, with no business operations conducted. The corporation's actions to recover dues were deemed legitimate, and the court dismissed claims of evasion of loan repayment. As the sole director filed the petition within legal rights, the court ordered the winding up of the company, appointing the official liquidator for the process. Case-Laws Companies Law Tue, 17 Mar 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103144