https://www.taxtmi.com/caselaws?id=414416 The Tribunal granted the Company Petition for winding up under Section 271(a) of the Companies Act, 2013 due to the financial distress and non-operational status of the Petitioner Company. A Liquidator was appointed to manage the winding up process, with directives for compliance and reporting obligations outlined in the order. The decision included publishing the winding up order, restricting legal proceedings without Tribunal permission, and specified timelines for submission of reports and declarations by the Liquidator. en-us Tue, 05 Oct 2021 00:00:00 +0530 Mon, 08 Nov 2021 07:00:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414416 The Tribunal granted the Company Petition for winding up under Section 271(a) of the Companies Act, 2013 due to the financial distress and non-operational status of the Petitioner Company. A Liquidator was appointed to manage the winding up process, with directives for compliance and reporting obligations outlined in the order. The decision included publishing the winding up order, restricting legal proceedings without Tribunal permission, and specified timelines for submission of reports and declarations by the Liquidator. Case-Laws Companies Law Tue, 05 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414416