https://www.taxtmi.com/caselaws?id=304123 The court admitted a winding-up petition against the company for an outstanding balance owed to an unpaid vendor for goods sold and delivered. The company was given the option to repay the sum in monthly installments to avoid further legal action. In case of default, the petition would be advertised in newspapers, and the company was required to be informed of this order promptly. The court directed the petitioning creditor to communicate the order to the company and allowed parties to obtain certified copies of the order upon compliance. en-us Mon, 04 Jul 2016 00:00:00 +0530 Fri, 09 Sep 2022 07:02:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304123 The court admitted a winding-up petition against the company for an outstanding balance owed to an unpaid vendor for goods sold and delivered. The company was given the option to repay the sum in monthly installments to avoid further legal action. In case of default, the petition would be advertised in newspapers, and the company was required to be informed of this order promptly. The court directed the petitioning creditor to communicate the order to the company and allowed parties to obtain certified copies of the order upon compliance. Case-Laws Companies Law Mon, 04 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304123