https://www.taxtmi.com/caselaws?id=297152 The court admitted the winding-up petition filed by the petitioner against the respondent company due to the company's inability to pay its debts. The court found that a significant amount was owed by the company to the petitioner, and despite legal notices and attempts to recover the debt, the company failed to respond or make payments. Consequently, the court ordered the petition to be advertised in local newspapers and the government gazette, directed the petitioner to deposit publication charges, and restrained the company's directors from dealing with its assets without court permission. en-us Wed, 09 Jul 2014 00:00:00 +0530 Sat, 21 Aug 2021 08:31:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297152 The court admitted the winding-up petition filed by the petitioner against the respondent company due to the company's inability to pay its debts. The court found that a significant amount was owed by the company to the petitioner, and despite legal notices and attempts to recover the debt, the company failed to respond or make payments. Consequently, the court ordered the petition to be advertised in local newspapers and the government gazette, directed the petitioner to deposit publication charges, and restrained the company's directors from dealing with its assets without court permission. Case-Laws Companies Law Wed, 09 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297152