https://www.taxtmi.com/caselaws?id=754025 The Delhi HC disposed of a winding up petition filed against a company for non-payment of outstanding dues. Despite finding that the respondent company failed to pay its debts in the ordinary course of business, the court noted the petition was a "complete non-starter" with no substantial liquidation orders passed. The matter was transferred to the NCLT with parties directed to appear on 27.05.2024. Any interim orders remained in effect until that date. en-us Wed, 24 Apr 2024 00:00:00 +0530 Sat, 15 Jun 2024 08:21:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754025 The Delhi HC disposed of a winding up petition filed against a company for non-payment of outstanding dues. Despite finding that the respondent company failed to pay its debts in the ordinary course of business, the court noted the petition was a "complete non-starter" with no substantial liquidation orders passed. The matter was transferred to the NCLT with parties directed to appear on 27.05.2024. Any interim orders remained in effect until that date. Case-Laws Companies Law Wed, 24 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754025