https://www.taxtmi.com/caselaws?id=210983 The High Court granted the petition for winding up the respondent company due to unpaid dues amounting to Rs. 6,77,703/-. The respondent failed to pay despite assurances, leading to the court finding them liable for winding up. The respondent did not contest the matter, resulting in the court ordering the winding up and appointing the Official Liquidator to take over assets and liabilities. The petitioner was directed to deposit Rs. 25,000/- for initial expenses and publish advertisements in specified newspapers. en-us Tue, 17 Jan 2012 00:00:00 +0530 Mon, 20 Feb 2012 17:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210983 The High Court granted the petition for winding up the respondent company due to unpaid dues amounting to Rs. 6,77,703/-. The respondent failed to pay despite assurances, leading to the court finding them liable for winding up. The respondent did not contest the matter, resulting in the court ordering the winding up and appointing the Official Liquidator to take over assets and liabilities. The petitioner was directed to deposit Rs. 25,000/- for initial expenses and publish advertisements in specified newspapers. Case-Laws Companies Law Tue, 17 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210983