https://www.taxtmi.com/caselaws?id=106331 The company was found to attract the statutory grounds for winding up under section 433(b), (c) and (f) of the Companies Act, 1956, because the petition was supported by investigative material, statutory notices and publication of notice, and no effective objection was raised. The counter-affidavit did not dispute the company's inability to carry on business since incorporation and expressly stated that there was no objection to winding up or dissolution. On that basis, the winding-up petition succeeded, and the respondent-company was ordered to be wound up with the provisional liquidator continuing as liquidator under the Act. en-us Tue, 21 May 2002 00:00:00 +0530 Tue, 13 Mar 2012 16:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106331 The company was found to attract the statutory grounds for winding up under section 433(b), (c) and (f) of the Companies Act, 1956, because the petition was supported by investigative material, statutory notices and publication of notice, and no effective objection was raised. The counter-affidavit did not dispute the company's inability to carry on business since incorporation and expressly stated that there was no objection to winding up or dissolution. On that basis, the winding-up petition succeeded, and the respondent-company was ordered to be wound up with the provisional liquidator continuing as liquidator under the Act. Case-Laws Companies Law Tue, 21 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106331