https://www.taxtmi.com/caselaws?id=460422 The Bombay HC disposed of an application seeking permanent stay of a winding up order dated 5 September 2005 for a company in liquidation. The court noted significant asset potential and claims by government agencies including MHADA. While concluding the winding up order should be permanently stayed, the court directed the applicant to make deposits and file undertakings, and ordered the Official Liquidator to publish notice to all stakeholders regarding the proposal to permanently stay the winding up and revive the company, ensuring protection of all parties' rights. en-us Wed, 21 Dec 2022 00:00:00 +0530 Thu, 23 Jan 2025 19:45:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460422 The Bombay HC disposed of an application seeking permanent stay of a winding up order dated 5 September 2005 for a company in liquidation. The court noted significant asset potential and claims by government agencies including MHADA. While concluding the winding up order should be permanently stayed, the court directed the applicant to make deposits and file undertakings, and ordered the Official Liquidator to publish notice to all stakeholders regarding the proposal to permanently stay the winding up and revive the company, ensuring protection of all parties' rights. Case-Laws Companies Law Wed, 21 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460422