https://www.taxtmi.com/caselaws?id=171259 The court held that despite the arbitration clause in the agreements mandating arbitration under Swiss law, a winding-up petition under the Companies Act was maintainable. It found that the petitioner had fulfilled its obligations regarding technical know-how, while the respondent's financial difficulties and inability to pay debts justified winding up the company. The court appointed the Official Liquidator to oversee the process. en-us Fri, 01 Jul 2005 00:00:00 +0530 Wed, 15 Jul 2015 14:46:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171259 The court held that despite the arbitration clause in the agreements mandating arbitration under Swiss law, a winding-up petition under the Companies Act was maintainable. It found that the petitioner had fulfilled its obligations regarding technical know-how, while the respondent's financial difficulties and inability to pay debts justified winding up the company. The court appointed the Official Liquidator to oversee the process. Case-Laws Companies Law Fri, 01 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171259