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    <title>2005 (7) TMI 690 - DELHI HIGH COURT</title>
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    <description>The court found the respondent company indebted to the petitioner, M/s. Gharda Chemicals, for over Rs. 90 lacs, including interest. The winding-up petition was admitted, and provisional liquidation measures were ordered, with a deposit requirement for the respondent. Failure to comply would result in further action by the petitioner and the Official Liquidator taking over the company&#039;s assets. The case was scheduled for further proceedings on 30th September 2005.</description>
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      <description>The court found the respondent company indebted to the petitioner, M/s. Gharda Chemicals, for over Rs. 90 lacs, including interest. The winding-up petition was admitted, and provisional liquidation measures were ordered, with a deposit requirement for the respondent. Failure to comply would result in further action by the petitioner and the Official Liquidator taking over the company&#039;s assets. The case was scheduled for further proceedings on 30th September 2005.</description>
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