https://www.taxtmi.com/caselaws?id=211896 The court admitted the winding up application, finding the Company unable to pay its debts. The Company was ordered to pay Rs. 3,57,73,135/- plus interest and service charges in five monthly installments to avoid advertisement of the winding up notice. Failure to pay any installment would allow the petitioner to proceed with the advertisement. en-us Wed, 08 Feb 2012 00:00:00 +0530 Mon, 09 Apr 2012 08:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211896 The court admitted the winding up application, finding the Company unable to pay its debts. The Company was ordered to pay Rs. 3,57,73,135/- plus interest and service charges in five monthly installments to avoid advertisement of the winding up notice. Failure to pay any installment would allow the petitioner to proceed with the advertisement. Case-Laws Companies Law Wed, 08 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211896