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    <title>2010 (9) TMI 1309 - RAJASTHAN HIGH COURT</title>
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    <description>Misfeasance proceedings under section 543 of the Companies Act and proceedings for failure to file the statement of affairs under section 454(5) were consigned to record because repeated attempts at service had failed, warrants had not secured appearance, and the respondents could not be traced despite prolonged pendency of the winding-up matter. The Court accepted that no immediate progress was possible on the record before it, but kept the applications open by granting liberty to revive them if the respondents later became traceable. Final dissolution under section 481 was not ordered.</description>
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      <description>Misfeasance proceedings under section 543 of the Companies Act and proceedings for failure to file the statement of affairs under section 454(5) were consigned to record because repeated attempts at service had failed, warrants had not secured appearance, and the respondents could not be traced despite prolonged pendency of the winding-up matter. The Court accepted that no immediate progress was possible on the record before it, but kept the applications open by granting liberty to revive them if the respondents later became traceable. Final dissolution under section 481 was not ordered.</description>
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