2015 (4) TMI 197

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....er is before this Court in this petition filed under section 433(e) and (f) of the Companies Act seeking that the respondent-company be wound up. 2. The petitioner has referred to the proceedings which had been initiated under the provisions of the Negotiable Instruments Act, when the cheques issued in favour of the petitioner for payment of their dues had been dishonoured. In the said proceedi....

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.... for admission on 25.03.2014 had in fact referred to the statement of objections and in that light, having taken note of the position that the respondents had failed to pay the amount despite the admission made, had thought it fit to admit the petition and had directed advertisement. Despite the order of admission and the advertisement being carried out, the respondent has neither paid the amount ....