https://www.taxtmi.com/caselaws?id=211014 The court granted the winding-up petition filed by a Private Limited Company against a consultancy engineering firm for non-payment of dues amounting to Rs. 92,61,049/- for PVC compounds supplied. Despite opportunities to respond, the respondent failed to settle the outstanding amount or provide evidence of inferior quality goods. Consequently, the court ordered the winding up of the respondent company, appointing an Official Liquidator to manage its assets and liabilities. The petitioner was instructed to cover winding-up expenses and fulfill publication requirements to commence the process effectively. en-us Fri, 09 Dec 2011 00:00:00 +0530 Thu, 01 Mar 2012 09:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211014 The court granted the winding-up petition filed by a Private Limited Company against a consultancy engineering firm for non-payment of dues amounting to Rs. 92,61,049/- for PVC compounds supplied. Despite opportunities to respond, the respondent failed to settle the outstanding amount or provide evidence of inferior quality goods. Consequently, the court ordered the winding up of the respondent company, appointing an Official Liquidator to manage its assets and liabilities. The petitioner was instructed to cover winding-up expenses and fulfill publication requirements to commence the process effectively. Case-Laws Companies Law Fri, 09 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211014