https://www.taxtmi.com/caselaws?id=104743 A company may be ordered to be wound up where admitted liabilities remain unpaid, statutory notice is ignored, and no effective opposition is filed despite valid substituted service and advertisement of the petition. The Court accepted that unpaid amounts under the company's schemes, together with unanswered statutory notices and the respondent-company's failure to appear or object, established inability to meet liabilities. On that basis, a winding-up order was made and the Official Liquidator was appointed under the Companies Act, 1956. en-us Wed, 10 May 2000 00:00:00 +0530 Thu, 01 Mar 2012 11:42:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104743 A company may be ordered to be wound up where admitted liabilities remain unpaid, statutory notice is ignored, and no effective opposition is filed despite valid substituted service and advertisement of the petition. The Court accepted that unpaid amounts under the company's schemes, together with unanswered statutory notices and the respondent-company's failure to appear or object, established inability to meet liabilities. On that basis, a winding-up order was made and the Official Liquidator was appointed under the Companies Act, 1956. Case-Laws Companies Law Wed, 10 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104743