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    <title>1998 (2) TMI 513 - HIGH COURT OF PUNJAB AND HARYANA</title>
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    <description>The petition for winding up under sections 433 and 434 of the Companies Act, 1956 was allowed by the court. The respondent-company, Apex Cables P. Ltd., failed to pay its debts despite multiple notices and court orders, leading to the court ordering its winding up. The official liquidator was appointed to take over the company&#039;s assets and records.</description>
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    <pubDate>Thu, 12 Feb 1998 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=104567</link>
      <description>The petition for winding up under sections 433 and 434 of the Companies Act, 1956 was allowed by the court. The respondent-company, Apex Cables P. Ltd., failed to pay its debts despite multiple notices and court orders, leading to the court ordering its winding up. The official liquidator was appointed to take over the company&#039;s assets and records.</description>
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