https://www.taxtmi.com/caselaws?id=753646 A winding-up petition alleging prolonged cessation of business, undervalued asset disposal, and non-compliance with statutory requirements could not be rejected without proper examination of the record. The appellate court noted that the Company Judge had not adequately considered the appellant's material or the respondents' failure to produce sufficient documentary evidence answering the allegations. On that basis, the dismissal was set aside and the petition restored for fresh consideration by the Company Judge. en-us Fri, 15 Mar 2024 00:00:00 +0530 Fri, 07 Jun 2024 08:13:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753646 A winding-up petition alleging prolonged cessation of business, undervalued asset disposal, and non-compliance with statutory requirements could not be rejected without proper examination of the record. The appellate court noted that the Company Judge had not adequately considered the appellant's material or the respondents' failure to produce sufficient documentary evidence answering the allegations. On that basis, the dismissal was set aside and the petition restored for fresh consideration by the Company Judge. Case-Laws Companies Law Fri, 15 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753646