https://www.taxtmi.com/caselaws?id=279442 A company was found liable to be wound up where the record showed non-commencement of business, failure to hold statutory meetings, failure to file returns and accounts, and membership falling below the minimum required for a private company after the death of one shareholder-director. Those facts attracted the statutory grounds for winding up under the Companies Act, 1956. The petition also remained maintainable notwithstanding strike-off of the company's name from the register under the Companies Act, 2013, because the statutory framework did not bar winding-up proceedings on that basis. The company was therefore ordered to be wound up and an Official Liquidator appointed. en-us Tue, 19 Jun 2018 00:00:00 +0530 Mon, 18 Mar 2019 06:52:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279442 A company was found liable to be wound up where the record showed non-commencement of business, failure to hold statutory meetings, failure to file returns and accounts, and membership falling below the minimum required for a private company after the death of one shareholder-director. Those facts attracted the statutory grounds for winding up under the Companies Act, 1956. The petition also remained maintainable notwithstanding strike-off of the company's name from the register under the Companies Act, 2013, because the statutory framework did not bar winding-up proceedings on that basis. The company was therefore ordered to be wound up and an Official Liquidator appointed. Case-Laws Companies Law Tue, 19 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279442