https://www.taxtmi.com/caselaws?id=459283 Karnataka HC ordered winding up of respondent company under Sections 433(e) and (f), 434 and 439 of Companies Act, 1956. Court found company unable to pay debts and business activities had ceased, making winding up just and equitable. Official Liquidator appointed as liquidator to take charge of assets and proceed per statutory provisions. Winding up order to be published in specified newspapers as per Company Court Rules, 1959. en-us Thu, 04 Feb 2021 00:00:00 +0530 Fri, 06 Dec 2024 19:09:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459283 Karnataka HC ordered winding up of respondent company under Sections 433(e) and (f), 434 and 439 of Companies Act, 1956. Court found company unable to pay debts and business activities had ceased, making winding up just and equitable. Official Liquidator appointed as liquidator to take charge of assets and proceed per statutory provisions. Winding up order to be published in specified newspapers as per Company Court Rules, 1959. Case-Laws Companies Law Thu, 04 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459283