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    <title>2018 (1) TMI 874 - DELHI HIGH COURT</title>
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    <description>The court admitted the winding up petition due to the undisputed debt owed by the respondent company. A Provisional Liquidator was appointed to take over assets, books of accounts, and records. The court ordered citations to be published and directed the Official Liquidator to prepare an inventory of assets, seek police assistance if needed, and safeguard the company&#039;s premises and assets. The judgment addressed the dispute over the outstanding amount, contempt allegations against the Director, internal shareholder disputes, and outlined the process for winding up the respondent company.</description>
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      <link>https://www.taxtmi.com/caselaws?id=354138</link>
      <description>The court admitted the winding up petition due to the undisputed debt owed by the respondent company. A Provisional Liquidator was appointed to take over assets, books of accounts, and records. The court ordered citations to be published and directed the Official Liquidator to prepare an inventory of assets, seek police assistance if needed, and safeguard the company&#039;s premises and assets. The judgment addressed the dispute over the outstanding amount, contempt allegations against the Director, internal shareholder disputes, and outlined the process for winding up the respondent company.</description>
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