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    <title>2017 (5) TMI 374 - DELHI HIGH COURT</title>
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    <description>The court concluded that despite an offer by DAL to settle GAL&#039;s dues by selling the property at 1, Sikandra Road, New Delhi, GAL failed to repay its creditors, leading to a winding-up order. The court upheld the attachment and sale of the property, rejecting appeals by DAL and Taneja Developers. The Official Liquidator was directed to take possession of the property and comply with court orders. Further proceedings were scheduled for 17.08.2017.</description>
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      <link>https://www.taxtmi.com/caselaws?id=342636</link>
      <description>The court concluded that despite an offer by DAL to settle GAL&#039;s dues by selling the property at 1, Sikandra Road, New Delhi, GAL failed to repay its creditors, leading to a winding-up order. The court upheld the attachment and sale of the property, rejecting appeals by DAL and Taneja Developers. The Official Liquidator was directed to take possession of the property and comply with court orders. Further proceedings were scheduled for 17.08.2017.</description>
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