https://www.taxtmi.com/caselaws?id=114006 Section 25 of the Sick Industrial Companies regime permits an appeal within 45 days, with discretionary extension only up to 60 days, so an appeal filed beyond that outer limit is not entertainable. The discussion also notes that writ relief against a winding-up order is unlikely where the company has repeatedly failed to submit any rehabilitation scheme, has not complied with a deposit condition, and has not shown a realistic prospect of revival. In such circumstances, the winding-up decision is treated as supported by the record and not fit for interference under Article 226. en-us Thu, 10 Jul 2008 00:00:00 +0530 Thu, 04 Dec 2014 14:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114006 Section 25 of the Sick Industrial Companies regime permits an appeal within 45 days, with discretionary extension only up to 60 days, so an appeal filed beyond that outer limit is not entertainable. The discussion also notes that writ relief against a winding-up order is unlikely where the company has repeatedly failed to submit any rehabilitation scheme, has not complied with a deposit condition, and has not shown a realistic prospect of revival. In such circumstances, the winding-up decision is treated as supported by the record and not fit for interference under Article 226. Case-Laws Companies Law Thu, 10 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114006