https://www.taxtmi.com/caselaws?id=270878 The Court admitted the petition for winding up the respondent-Company based on its failure to pay an admitted liability of Rs. 2,09,45,292. A Provisional Liquidator was appointed initially, followed by the Official Liquidator. With the respondent's continued non-payment, the Court ordered the winding up of the company, appointing the Provisional Liquidator as the Liquidator and directing publication of the winding-up in newspapers and the Official Gazette. Due to the lack of representation and the undisputed liability, the Court concluded the matter by ordering the winding up of the respondent-Company. en-us Mon, 24 Aug 2015 00:00:00 +0530 Tue, 19 Jan 2016 06:38:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270878 The Court admitted the petition for winding up the respondent-Company based on its failure to pay an admitted liability of Rs. 2,09,45,292. A Provisional Liquidator was appointed initially, followed by the Official Liquidator. With the respondent's continued non-payment, the Court ordered the winding up of the company, appointing the Provisional Liquidator as the Liquidator and directing publication of the winding-up in newspapers and the Official Gazette. Due to the lack of representation and the undisputed liability, the Court concluded the matter by ordering the winding up of the respondent-Company. Case-Laws Companies Law Mon, 24 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270878