https://www.taxtmi.com/caselaws?id=111706 The court admitted the winding up petitions under the Companies Act, 1956, appointing a provisional liquidator and granting Guardian authority to manage the hotel under supervision. The decision was based on the company's failure to meet JVA obligations, financial incapacity, deadlock in functioning, mismanagement, and loss of mutual trust between shareholders, justifying winding up on just and equitable grounds. en-us Tue, 12 Jul 2005 00:00:00 +0530 Tue, 24 Apr 2012 17:46:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111706 The court admitted the winding up petitions under the Companies Act, 1956, appointing a provisional liquidator and granting Guardian authority to manage the hotel under supervision. The decision was based on the company's failure to meet JVA obligations, financial incapacity, deadlock in functioning, mismanagement, and loss of mutual trust between shareholders, justifying winding up on just and equitable grounds. Case-Laws Companies Law Tue, 12 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111706