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    <title>2007 (1) TMI 262 - HIGH COURT OF DELHI</title>
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    <description>The court admitted the winding-up petition, finding that the respondent company was unable to pay its debts. The court deferred further orders for one month to allow the respondent to settle the debt with interest. If payment was not made within this period, a provisional liquidator would be appointed.</description>
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      <description>The court admitted the winding-up petition, finding that the respondent company was unable to pay its debts. The court deferred further orders for one month to allow the respondent to settle the debt with interest. If payment was not made within this period, a provisional liquidator would be appointed.</description>
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