https://www.taxtmi.com/caselaws?id=416294 The Tribunal granted the application for winding up the company under Section 271(a) of the Companies Act, 2013 due to financial difficulties and inactivity. Following a unanimous decision in an Extra Ordinary General Meeting, the company was authorized for voluntary winding up. A Provisional Liquidator was appointed to oversee the process, with specific responsibilities and reporting requirements outlined by the Tribunal. Clear timelines were set for the winding up process, emphasizing compliance with legal provisions. The final winding up order was to be issued upon completion of the process, as per the order dated November 16, 2021. en-us Tue, 16 Nov 2021 00:00:00 +0530 Sat, 25 Dec 2021 08:42:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416294 The Tribunal granted the application for winding up the company under Section 271(a) of the Companies Act, 2013 due to financial difficulties and inactivity. Following a unanimous decision in an Extra Ordinary General Meeting, the company was authorized for voluntary winding up. A Provisional Liquidator was appointed to oversee the process, with specific responsibilities and reporting requirements outlined by the Tribunal. Clear timelines were set for the winding up process, emphasizing compliance with legal provisions. The final winding up order was to be issued upon completion of the process, as per the order dated November 16, 2021. Case-Laws Companies Law Tue, 16 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416294