https://www.taxtmi.com/caselaws?id=410727 The court ordered the winding up of the respondent-company under sections 433(e) and (f) read with section 439 of the Companies Act, 1956. The official liquidator was appointed to handle the liquidation process, and the winding-up order was to be advertised in newspapers as per the Companies (Court) Rules, 1959. Other connected petitions were disposed of accordingly, allowing similarly placed petitioners to lodge their claims before the official liquidator for adjudication. The court upheld the winding-up petition due to the respondent's failure to pay the admitted liability, despite objections raised by the respondent's counsel regarding ongoing proceedings and the company's name being struck off the register. en-us Sat, 16 Jan 2021 00:00:00 +0530 Sat, 20 Nov 2021 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410727 The court ordered the winding up of the respondent-company under sections 433(e) and (f) read with section 439 of the Companies Act, 1956. The official liquidator was appointed to handle the liquidation process, and the winding-up order was to be advertised in newspapers as per the Companies (Court) Rules, 1959. Other connected petitions were disposed of accordingly, allowing similarly placed petitioners to lodge their claims before the official liquidator for adjudication. The court upheld the winding-up petition due to the respondent's failure to pay the admitted liability, despite objections raised by the respondent's counsel regarding ongoing proceedings and the company's name being struck off the register. Case-Laws Companies Law Sat, 16 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410727