https://www.taxtmi.com/caselaws?id=105172 The High Court upheld the order of winding up the appellant company due to admitted liability and failure to meet financial obligations. The court dismissed the appeal, emphasizing the liability to pay the admitted amount with interest at the specified rate. The official liquidator was directed to take charge of the company's assets as the appellant failed to comply with the conditional order of stay. en-us Thu, 25 Feb 1999 00:00:00 +0530 Fri, 02 Mar 2012 17:26:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105172 The High Court upheld the order of winding up the appellant company due to admitted liability and failure to meet financial obligations. The court dismissed the appeal, emphasizing the liability to pay the admitted amount with interest at the specified rate. The official liquidator was directed to take charge of the company's assets as the appellant failed to comply with the conditional order of stay. Case-Laws Companies Law Thu, 25 Feb 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105172