https://www.taxtmi.com/caselaws?id=109598 An application by promoters and directors seeking recall or revocation of a winding-up order was not maintainable under section 466 of the Companies Act, 1956 read with Rule 9 of the Company (Court) Rules, 1959. The court noted that the winding-up order had already been passed on the recommendation of the BIFR and was appealable, yet no appeal had been filed. If revival of the company was intended, the proper course was to pursue a petition based on a revival scheme rather than seek recall of the winding-up order through the present application. The application was dismissed. en-us Fri, 30 May 2003 00:00:00 +0530 Tue, 10 Apr 2012 18:40:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109598 An application by promoters and directors seeking recall or revocation of a winding-up order was not maintainable under section 466 of the Companies Act, 1956 read with Rule 9 of the Company (Court) Rules, 1959. The court noted that the winding-up order had already been passed on the recommendation of the BIFR and was appealable, yet no appeal had been filed. If revival of the company was intended, the proper course was to pursue a petition based on a revival scheme rather than seek recall of the winding-up order through the present application. The application was dismissed. Case-Laws Companies Law Fri, 30 May 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109598