https://www.taxtmi.com/caselaws?id=108129 The court decided to keep the winding up order against M/s. Srishti Video Corporation Limited in abeyance under relevant sections of the Companies Act. Settlement proposals with secured creditors were considered, and no opposition to the company's revival was noted. The court ordered the winding up order to remain suspended until further orders, granting creditors the liberty to approach if the company defaulted on settlements. The official liquidator was directed to return possession of assets, hold realizations in a fixed deposit, and report compliance within a specified timeline. The application for the recall of the winding up order was disposed of accordingly. en-us Thu, 10 Aug 2000 00:00:00 +0530 Fri, 30 Mar 2012 12:07:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108129 The court decided to keep the winding up order against M/s. Srishti Video Corporation Limited in abeyance under relevant sections of the Companies Act. Settlement proposals with secured creditors were considered, and no opposition to the company's revival was noted. The court ordered the winding up order to remain suspended until further orders, granting creditors the liberty to approach if the company defaulted on settlements. The official liquidator was directed to return possession of assets, hold realizations in a fixed deposit, and report compliance within a specified timeline. The application for the recall of the winding up order was disposed of accordingly. Case-Laws Companies Law Thu, 10 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108129