https://www.taxtmi.com/caselaws?id=361198 The Court found the application for recall of the winding up order maintainable as all dues were settled, and only two creditors remained. The Court allowed the recall of the winding up order, withdrawal of the petition, and discharge of the Official Liquidator, citing the inapplicability of Section 391 of the Companies Act, 1956 due to the absence of outstanding creditors. The company under winding up was revived based on settled dues, leading to the final decision to recall the winding up order and permit the withdrawal of the petition. en-us Thu, 03 May 2018 00:00:00 +0530 Fri, 01 Jun 2018 12:53:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361198 The Court found the application for recall of the winding up order maintainable as all dues were settled, and only two creditors remained. The Court allowed the recall of the winding up order, withdrawal of the petition, and discharge of the Official Liquidator, citing the inapplicability of Section 391 of the Companies Act, 1956 due to the absence of outstanding creditors. The company under winding up was revived based on settled dues, leading to the final decision to recall the winding up order and permit the withdrawal of the petition. Case-Laws Companies Law Thu, 03 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361198