https://www.taxtmi.com/caselaws?id=283719 The company petition for winding up the respondent company was allowed as the respondent failed to redeem debentures and repay the debt, establishing its inability to pay. The court rejected impleading applications by third parties and ordered the winding up of the company with immediate effect. The Official Liquidator was appointed as the Liquidator, and the petitioner was instructed to file the order with the Registrar of Companies, publish it in newspapers, and deposit a sum for implementation. All pending company applications were dismissed. en-us Wed, 31 Jul 2019 00:00:00 +0530 Mon, 07 Oct 2019 21:29:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283719 The company petition for winding up the respondent company was allowed as the respondent failed to redeem debentures and repay the debt, establishing its inability to pay. The court rejected impleading applications by third parties and ordered the winding up of the company with immediate effect. The Official Liquidator was appointed as the Liquidator, and the petitioner was instructed to file the order with the Registrar of Companies, publish it in newspapers, and deposit a sum for implementation. All pending company applications were dismissed. Case-Laws Companies Law Wed, 31 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283719