https://www.taxtmi.com/caselaws?id=103202 The court allowed the appeal due to the failure to advertise the winding up petition as required by Companies (Court) Rules, 1959. The case was directed back to the company judge for further proceedings after proper advertisement. The importance of compliance with procedural rules, particularly regarding advertisement, was emphasized to maintain the integrity of the winding up process. The appellant was instructed to fulfill financial obligations, and the respondent was prohibited from withdrawing the bank guarantee. en-us Mon, 22 Mar 1993 00:00:00 +0530 Tue, 21 Feb 2012 14:49:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103202 The court allowed the appeal due to the failure to advertise the winding up petition as required by Companies (Court) Rules, 1959. The case was directed back to the company judge for further proceedings after proper advertisement. The importance of compliance with procedural rules, particularly regarding advertisement, was emphasized to maintain the integrity of the winding up process. The appellant was instructed to fulfill financial obligations, and the respondent was prohibited from withdrawing the bank guarantee. Case-Laws Companies Law Mon, 22 Mar 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103202