https://www.taxtmi.com/caselaws?id=298574 Non-payment of a further call alone does not disqualify a contributory from presenting a winding-up petition where the statute's disqualifying conditions do not include such non-payment and the validity of the call is disputed; the objection was overruled. The court exercised discretion against appointing a provisional liquidator as a matter of course where opposition exists, finding interim protective measures sufficient. Operative interim reliefs ordered include audit by company auditors, stay of specified suits, convening a general meeting, restrictions on withdrawals by the managing director, and directions for notice and publication pending fuller inquiry. en-us Wed, 16 Apr 1947 00:00:00 +0530 Wed, 10 Nov 2021 11:47:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298574 Non-payment of a further call alone does not disqualify a contributory from presenting a winding-up petition where the statute's disqualifying conditions do not include such non-payment and the validity of the call is disputed; the objection was overruled. The court exercised discretion against appointing a provisional liquidator as a matter of course where opposition exists, finding interim protective measures sufficient. Operative interim reliefs ordered include audit by company auditors, stay of specified suits, convening a general meeting, restrictions on withdrawals by the managing director, and directions for notice and publication pending fuller inquiry. Case-Laws Companies Law Wed, 16 Apr 1947 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298574