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    <title>2018 (8) TMI 1483 - DELHI HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=366011</link>
    <description>The court admitted the winding-up petition under relevant sections of the Companies Act, 1956, finding the respondent liable for outstanding dues of &amp;amp;8377; 4,57,125. The Official Liquidator was appointed as the Provisional Liquidator to take over the respondent&#039;s assets and records. The court ordered the publication of citations and directed the Official Liquidator to prepare for the winding-up process. The respondent was given a six-week period to pay the outstanding amount of &amp;amp;8377; 4,00,650 with interest, failing which the Official Liquidator&#039;s appointment would be finalized.</description>
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    <pubDate>Tue, 24 Jul 2018 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=366011</link>
      <description>The court admitted the winding-up petition under relevant sections of the Companies Act, 1956, finding the respondent liable for outstanding dues of &amp;amp;8377; 4,57,125. The Official Liquidator was appointed as the Provisional Liquidator to take over the respondent&#039;s assets and records. The court ordered the publication of citations and directed the Official Liquidator to prepare for the winding-up process. The respondent was given a six-week period to pay the outstanding amount of &amp;amp;8377; 4,00,650 with interest, failing which the Official Liquidator&#039;s appointment would be finalized.</description>
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