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    <title>Circumstances in which company may be wound up by Tribunal</title>
    <link>https://www.taxtmi.com/acts?id=17568</link>
    <description>A company may be wound up by the Tribunal on petition where the company has resolved by special resolution to wind up; has acted against sovereignty, security, friendly relations, public order, decency or morality; where the Registrar or authorised person shows the affairs were conducted fraudulently or for unlawful purposes or persons involved were guilty of fraud, misfeasance or misconduct; where the company failed to file financial statements or annual returns for five consecutive years; or where the Tribunal finds it just and equitable that the company be wound up.</description>
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    <pubDate>Sat, 02 Mar 2013 14:45:33 +0530</pubDate>
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      <title>Circumstances in which company may be wound up by Tribunal</title>
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      <description>A company may be wound up by the Tribunal on petition where the company has resolved by special resolution to wind up; has acted against sovereignty, security, friendly relations, public order, decency or morality; where the Registrar or authorised person shows the affairs were conducted fraudulently or for unlawful purposes or persons involved were guilty of fraud, misfeasance or misconduct; where the company failed to file financial statements or annual returns for five consecutive years; or where the Tribunal finds it just and equitable that the company be wound up.</description>
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