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    <title>Application for winding up of company or an order under section 397 or 398.</title>
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    <description>Where a company or body corporate is liable to be wound up and a governmental report indicates intervention is expedient due to specified circumstances, the Central Government may, unless the entity is already being wound up by the Tribunal, cause an authorised person to present to the Tribunal a petition for winding up on the ground that it is just and equitable, an application for an order under the remedial company provisions, or both.</description>
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    <pubDate>Thu, 12 May 2011 14:59:19 +0530</pubDate>
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      <title>Application for winding up of company or an order under section 397 or 398.</title>
      <link>https://www.taxtmi.com/acts?id=12570</link>
      <description>Where a company or body corporate is liable to be wound up and a governmental report indicates intervention is expedient due to specified circumstances, the Central Government may, unless the entity is already being wound up by the Tribunal, cause an authorised person to present to the Tribunal a petition for winding up on the ground that it is just and equitable, an application for an order under the remedial company provisions, or both.</description>
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      <pubDate>Thu, 12 May 2011 14:59:19 +0530</pubDate>
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