https://www.taxtmi.com/caselaws?id=127013 The court granted the winding up petition under sections 433(e) and (f) of the Companies Act, 1956, due to the respondent-company's failure to pay outstanding dues as determined through legal proceedings and a compromise decree. The court appointed the Official Liquidator as the liquidator of the respondent-company, directing the petitioner to deposit initial winding up expenses and comply with specified timelines for winding up procedures. The decision was based on the established legal proceedings and the respondent's inability to pay the debts owed, in accordance with the Companies Act, 1956. en-us Fri, 24 Sep 2010 00:00:00 +0530 Wed, 24 Sep 2014 12:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127013 The court granted the winding up petition under sections 433(e) and (f) of the Companies Act, 1956, due to the respondent-company's failure to pay outstanding dues as determined through legal proceedings and a compromise decree. The court appointed the Official Liquidator as the liquidator of the respondent-company, directing the petitioner to deposit initial winding up expenses and comply with specified timelines for winding up procedures. The decision was based on the established legal proceedings and the respondent's inability to pay the debts owed, in accordance with the Companies Act, 1956. Case-Laws Companies Law Fri, 24 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127013