https://www.taxtmi.com/caselaws?id=336657 The Court admitted the Company Petition due to the Respondent Company's failure to pay its debts, directing the Petitioner to advertise the Petition and deposit a specified amount for publication charges. The validity of the power of attorney executed in China was upheld, emphasizing the presumption in favor of documents authenticated by a Notary Public. The Court rejected the Respondent's argument regarding the lack of reciprocity between India and China in notarial acts recognition. The Company Petition was scheduled for further proceedings, with specific instructions for publication and service on the Company. en-us Wed, 14 Dec 2016 00:00:00 +0530 Tue, 27 Dec 2016 15:54:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336657 The Court admitted the Company Petition due to the Respondent Company's failure to pay its debts, directing the Petitioner to advertise the Petition and deposit a specified amount for publication charges. The validity of the power of attorney executed in China was upheld, emphasizing the presumption in favor of documents authenticated by a Notary Public. The Court rejected the Respondent's argument regarding the lack of reciprocity between India and China in notarial acts recognition. The Company Petition was scheduled for further proceedings, with specific instructions for publication and service on the Company. Case-Laws Companies Law Wed, 14 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336657