https://www.taxtmi.com/caselaws?id=111522 The High Court of Rajasthan allowed the appeal, setting aside the winding up order and remitting the case back to the Company Judge for fresh consideration. XLO India Limited submitted a scheme for compromise/arrangement revival, indicating efforts for revival were feasible. The court granted liberty for revival, suggesting a potential reinstatement of the company. No costs were imposed on either party, and the parties were directed to appear before the Company Judge for further proceedings. en-us Mon, 19 Dec 2005 00:00:00 +0530 Mon, 23 Apr 2012 18:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111522 The High Court of Rajasthan allowed the appeal, setting aside the winding up order and remitting the case back to the Company Judge for fresh consideration. XLO India Limited submitted a scheme for compromise/arrangement revival, indicating efforts for revival were feasible. The court granted liberty for revival, suggesting a potential reinstatement of the company. No costs were imposed on either party, and the parties were directed to appear before the Company Judge for further proceedings. Case-Laws Companies Law Mon, 19 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111522