https://www.taxtmi.com/caselaws?id=110037 The court dismissed the petition for winding up M/s. Kobashi Machine Tools Private Limited, emphasizing that winding up should be a last resort and the petitioners had not demonstrated sufficient grounds. The court highlighted the importance of considering the company's overall interests, including employees and shareholders, before deciding on winding up. The court noted the company's financial health and its significance to national defense and aerospace sectors. The petitioners were ordered to pay the cost of valuing the company's assets. en-us Thu, 21 Apr 2005 00:00:00 +0530 Fri, 13 Apr 2012 15:01:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110037 The court dismissed the petition for winding up M/s. Kobashi Machine Tools Private Limited, emphasizing that winding up should be a last resort and the petitioners had not demonstrated sufficient grounds. The court highlighted the importance of considering the company's overall interests, including employees and shareholders, before deciding on winding up. The court noted the company's financial health and its significance to national defense and aerospace sectors. The petitioners were ordered to pay the cost of valuing the company's assets. Case-Laws Companies Law Thu, 21 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110037