https://www.taxtmi.com/caselaws?id=109433 The court ordered the winding up of Khaitan Overseas and Finance Ltd. under Sections 433, 434, and 439 of the Companies Act, 1956. The company's admission of debt, failure to repay, and lack of valid objections led to the decision. The court appointed an official liquidator to oversee the liquidation process due to the company's liability exceeding Rs. 1 crore and the acknowledgment of the debt within the limitation period through various documents and TDS deposits. en-us Wed, 15 Oct 2003 00:00:00 +0530 Tue, 10 Apr 2012 11:42:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109433 The court ordered the winding up of Khaitan Overseas and Finance Ltd. under Sections 433, 434, and 439 of the Companies Act, 1956. The company's admission of debt, failure to repay, and lack of valid objections led to the decision. The court appointed an official liquidator to oversee the liquidation process due to the company's liability exceeding Rs. 1 crore and the acknowledgment of the debt within the limitation period through various documents and TDS deposits. Case-Laws Companies Law Wed, 15 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109433