https://www.taxtmi.com/caselaws?id=376599 The court admitted the winding up petition filed by the petitioner against respondent No.1 company under specific sections of the Companies Act, 1956, due to non-payment of dues amounting to &8377; 31,81,269. After examining documents and communications, the court found the respondent's defense lacking merit and unsubstantiated, dismissing it as not presenting a bona fide dispute. Consequently, the court appointed the Official Liquidator as the Provisional Liquidator to oversee the winding up process, with a suspension period granted for the respondent to settle outstanding dues before the Provisional Liquidator's reinstatement. en-us Thu, 14 Feb 2019 00:00:00 +0530 Wed, 13 Mar 2019 08:06:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376599 The court admitted the winding up petition filed by the petitioner against respondent No.1 company under specific sections of the Companies Act, 1956, due to non-payment of dues amounting to &8377; 31,81,269. After examining documents and communications, the court found the respondent's defense lacking merit and unsubstantiated, dismissing it as not presenting a bona fide dispute. Consequently, the court appointed the Official Liquidator as the Provisional Liquidator to oversee the winding up process, with a suspension period granted for the respondent to settle outstanding dues before the Provisional Liquidator's reinstatement. Case-Laws Companies Law Thu, 14 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376599