https://www.taxtmi.com/caselaws?id=108131 Where winding-up proceedings arise from a BIFR recommendation under the special sick industrial companies regime, the ordinary procedural requirements for admission and advertisement under the Companies (Court) Rules, 1959 do not apply. The Company Court must still independently consider whether winding up is justified on merits, but that separate duty is distinct from the usual petition procedure. On the facts discussed, the Court found that independent consideration had been exercised and the procedural objections failed, so the winding-up order was not interfered with. en-us Wed, 16 Aug 2000 00:00:00 +0530 Fri, 30 Mar 2012 12:18:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108131 Where winding-up proceedings arise from a BIFR recommendation under the special sick industrial companies regime, the ordinary procedural requirements for admission and advertisement under the Companies (Court) Rules, 1959 do not apply. The Company Court must still independently consider whether winding up is justified on merits, but that separate duty is distinct from the usual petition procedure. On the facts discussed, the Court found that independent consideration had been exercised and the procedural objections failed, so the winding-up order was not interfered with. Case-Laws Companies Law Wed, 16 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108131