https://www.taxtmi.com/caselaws?id=408281 The Court ordered the dissolution of M/s. Mangal Rasayan Limited (In Liqn.) under Section 481 of the Companies Act, 1956. The Official Liquidator's report detailed the company's history, assets, and winding-up process, emphasizing the lack of funds and assets for continued existence. With no objections from relevant parties, the Court accepted the report, discharged the Official Liquidator, and directed the transfer of remaining funds to the Common Pool Account. Parties aggrieved by the decision were allowed to seek a review under Section 559 of the Act. en-us Fri, 29 Jan 2021 00:00:00 +0530 Sat, 05 Jun 2021 10:40:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408281 The Court ordered the dissolution of M/s. Mangal Rasayan Limited (In Liqn.) under Section 481 of the Companies Act, 1956. The Official Liquidator's report detailed the company's history, assets, and winding-up process, emphasizing the lack of funds and assets for continued existence. With no objections from relevant parties, the Court accepted the report, discharged the Official Liquidator, and directed the transfer of remaining funds to the Common Pool Account. Parties aggrieved by the decision were allowed to seek a review under Section 559 of the Act. Case-Laws Companies Law Fri, 29 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408281