https://www.taxtmi.com/caselaws?id=109318 The court ordered the winding up of the Company based on just and equitable grounds under Section 433(f) of the Companies Act. This decision was influenced by the disappearance of the Company's substratum, financial stringency, deadlock in management, and non-transfer of licensed capacity. The court found no alternative remedy viable and considered the Petitioner's conduct fair, appointing the Official Liquidator for the process. en-us Fri, 19 Dec 2003 00:00:00 +0530 Sat, 07 Apr 2012 18:18:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109318 The court ordered the winding up of the Company based on just and equitable grounds under Section 433(f) of the Companies Act. This decision was influenced by the disappearance of the Company's substratum, financial stringency, deadlock in management, and non-transfer of licensed capacity. The court found no alternative remedy viable and considered the Petitioner's conduct fair, appointing the Official Liquidator for the process. Case-Laws Companies Law Fri, 19 Dec 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109318