https://www.taxtmi.com/caselaws?id=244554 The court dismissed the objection to Indian court jurisdiction as the clause regarding English law was not proven to be part of the contract. The court upheld the validity of the demand notice, invoking the presumption of service under the General Clauses Act. It allowed the winding-up petition, finding that failure to comply with settlement terms justified such proceedings, appointing the Official Liquidator as Provisional Liquidator and issuing directives for managing the respondent's assets and financial disclosures. en-us Fri, 20 Dec 2013 00:00:00 +0530 Sat, 01 Mar 2014 10:29:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244554 The court dismissed the objection to Indian court jurisdiction as the clause regarding English law was not proven to be part of the contract. The court upheld the validity of the demand notice, invoking the presumption of service under the General Clauses Act. It allowed the winding-up petition, finding that failure to comply with settlement terms justified such proceedings, appointing the Official Liquidator as Provisional Liquidator and issuing directives for managing the respondent's assets and financial disclosures. Case-Laws Companies Law Fri, 20 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244554