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    <title>2018 (2) TMI 1190 - BOMBAY HIGH COURT</title>
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    <description>The court allowed the winding-up petition against the respondent company, which was found to be indebted, unable to discharge its debts, and commercially insolvent. Despite being struck off the register, the court clarified that it retains the power to issue a winding-up order. With no response from the respondent, the court granted the petition, appointing the Official Liquidator to handle the company&#039;s assets and properties promptly.</description>
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      <link>https://www.taxtmi.com/caselaws?id=355769</link>
      <description>The court allowed the winding-up petition against the respondent company, which was found to be indebted, unable to discharge its debts, and commercially insolvent. Despite being struck off the register, the court clarified that it retains the power to issue a winding-up order. With no response from the respondent, the court granted the petition, appointing the Official Liquidator to handle the company&#039;s assets and properties promptly.</description>
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