2015 (11) TMI 1549

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....ER 1. This petition is filed under Sections 433 and 434 of the Companies Act of 1956, wherein the petitioner has prayed that the respondent company be wound up and the Official Liquidator attached with this Court be appointed as Liquidator with a direction to take possession of the assets and properties and documents and records of the respondent-company. 2. This Court issued notice to the respo....

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....tter is called out, nobody has remained present on behalf of the respondent. Therefore, the matter is taken up for final hearing in absence of the respondent. 4. Learned advocate Mr.Pathak appearing for the petitioner has pointed out the relevant facts of the present case and submitted that the respondent-company has not paid outstanding amount of Rs. 65 lacs with 18% interest. Though statutory n....