https://www.taxtmi.com/caselaws?id=111961 The court granted the petitioner's winding up petition under sections 433 and 434 of the Companies Act, 1956 due to the respondent-company's failure to pay Rs. 3,68,29,634.91 despite statutory notice. The respondent's resistance was deemed unsubstantiated, leading to the court's decision to grant the winding up order with a two-month settlement window for the respondent to comply, failing which the order would take immediate effect. en-us Thu, 11 Oct 2007 00:00:00 +0530 Thu, 26 Apr 2012 10:30:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111961 The court granted the petitioner's winding up petition under sections 433 and 434 of the Companies Act, 1956 due to the respondent-company's failure to pay Rs. 3,68,29,634.91 despite statutory notice. The respondent's resistance was deemed unsubstantiated, leading to the court's decision to grant the winding up order with a two-month settlement window for the respondent to comply, failing which the order would take immediate effect. Case-Laws Companies Law Thu, 11 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111961