https://www.taxtmi.com/caselaws?id=248081 The court ordered the winding up of the respondent company under Sections 433 and 434 of the Companies Act, as the respondent admitted its inability to repay the debt owed for gold ornaments supplied. The Provisional Liquidator was appointed as the Official Liquidator to take possession of assets and submit a report within three months. No costs were imposed on either party. en-us Wed, 05 Mar 2014 00:00:00 +0530 Sat, 31 May 2014 15:00:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248081 The court ordered the winding up of the respondent company under Sections 433 and 434 of the Companies Act, as the respondent admitted its inability to repay the debt owed for gold ornaments supplied. The Provisional Liquidator was appointed as the Official Liquidator to take possession of assets and submit a report within three months. No costs were imposed on either party. Case-Laws Companies Law Wed, 05 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248081