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    <title>2010 (10) TMI 86 - HIGH COURT OF MADRAS</title>
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    <description>The court admitted the company petition for winding up the first respondent-company, finding that the statutory notice was sufficiently served, the first respondent was unable to repay its debts, and the filing of a civil suit did not bar the winding-up proceedings. The court directed the petitioner to publish the notice of the petition in specified newspapers and appointed the official liquidator to take over the assets and records of the company. The matter was listed for further directions on 29-11-2010.</description>
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    <pubDate>Mon, 25 Oct 2010 00:00:00 +0530</pubDate>
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      <title>2010 (10) TMI 86 - HIGH COURT OF MADRAS</title>
      <link>https://www.taxtmi.com/caselaws?id=113244</link>
      <description>The court admitted the company petition for winding up the first respondent-company, finding that the statutory notice was sufficiently served, the first respondent was unable to repay its debts, and the filing of a civil suit did not bar the winding-up proceedings. The court directed the petitioner to publish the notice of the petition in specified newspapers and appointed the official liquidator to take over the assets and records of the company. The matter was listed for further directions on 29-11-2010.</description>
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