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    <title>2002 (5) TMI 717 - HIGH COURT OF ALLAHABAD</title>
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    <description>The company was found liable to be wound up because the record showed non-compliance with statutory notices, non-appearance, and the Official Liquidator&#039;s report that no business was operating at the registered address. The Court also relied on financial material indicating an unimproved financial position, no fixed assets, and negligible net current assets. On that basis, the statutory grounds for winding up under sections 433(b), 433(c) and 433(f) of the Companies Act, 1956 were treated as established.</description>
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