https://www.taxtmi.com/caselaws?id=187056 The Supreme Court refused to grant leave for an appeal against the refusal to stay the order directing the advertisement of a winding-up petition but directed that further proceedings in the petition should not proceed until the appeals are decided by the High Court. The Court ordered a stay on further proceedings in the winding-up petition until the appeals are finalized, instructed the company to list worn-out vehicles for sale, and directed the company to seek permission to withdraw funds for purchasing new vehicles to ensure transparency and protect the interests of all parties involved in the winding-up process. en-us Fri, 04 Feb 1983 00:00:00 +0530 Fri, 07 Oct 2016 16:13:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187056 The Supreme Court refused to grant leave for an appeal against the refusal to stay the order directing the advertisement of a winding-up petition but directed that further proceedings in the petition should not proceed until the appeals are decided by the High Court. The Court ordered a stay on further proceedings in the winding-up petition until the appeals are finalized, instructed the company to list worn-out vehicles for sale, and directed the company to seek permission to withdraw funds for purchasing new vehicles to ensure transparency and protect the interests of all parties involved in the winding-up process. Case-Laws Companies Law Fri, 04 Feb 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187056