https://www.taxtmi.com/caselaws?id=349751 A stay of winding up proceedings was sought on allegations that the winding up orders were procured by collusion and that the company had falsified its accounts. The court noted that the grievance had already been pursued through criminal complaints, proceedings under the Negotiable Instruments Act, and an arbitral award, and that counsel had been present when the provisional liquidator was appointed and when the company was finally wound up. The application was therefore treated as highly belated and was rejected, with liberty to file a claim before the Official Liquidator for verification in accordance with law. en-us Mon, 16 Oct 2017 00:00:00 +0530 Wed, 25 Oct 2017 08:16:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349751 A stay of winding up proceedings was sought on allegations that the winding up orders were procured by collusion and that the company had falsified its accounts. The court noted that the grievance had already been pursued through criminal complaints, proceedings under the Negotiable Instruments Act, and an arbitral award, and that counsel had been present when the provisional liquidator was appointed and when the company was finally wound up. The application was therefore treated as highly belated and was rejected, with liberty to file a claim before the Official Liquidator for verification in accordance with law. Case-Laws Indian Laws Mon, 16 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349751