https://www.taxtmi.com/caselaws?id=369766 The court admitted the winding-up petition under Sections 433(e), (f), 434(1)(a), and 439 of the Companies Act, 1956, despite the respondent's defense of limitation regarding outstanding payments dating back to 2010-2011. The court appointed the Official Liquidator as the Provisional Liquidator to take over the respondent's assets, books, and records. Citations were ordered to be published, with the petitioner covering the costs. A four-week suspension was granted for the respondent to settle the debt, with the possibility of recalling the Liquidator appointment upon payment of the outstanding amount of &8377; 2,50,000. en-us Thu, 04 Oct 2018 00:00:00 +0530 Fri, 02 Nov 2018 13:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369766 The court admitted the winding-up petition under Sections 433(e), (f), 434(1)(a), and 439 of the Companies Act, 1956, despite the respondent's defense of limitation regarding outstanding payments dating back to 2010-2011. The court appointed the Official Liquidator as the Provisional Liquidator to take over the respondent's assets, books, and records. Citations were ordered to be published, with the petitioner covering the costs. A four-week suspension was granted for the respondent to settle the debt, with the possibility of recalling the Liquidator appointment upon payment of the outstanding amount of &8377; 2,50,000. Case-Laws Companies Law Thu, 04 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369766