2010 (4) TMI 1170

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....order of winding up of respondent Company - Mahendra Suitings Limited under the provisions of the Companies Act, 1956, more particularly, under secs.433 and 434 of the Companies Act, 1956. 2. Earlier it was reported that as the respondent Company was before the BIFR and thereafter AAIFR, the proceedings of the present Company Petition were stayed and as such, the Company Petition was admitted by ....

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....ssion of the petition has been advertised/published as directed by this Court vide order dtd.9/2/2010. 3. Mr.Ashok L. Shah, learned advocate appearing on behalf of the respondent Company has fairly conceded that the respondent Company has no case on merits and that the respondent Company does not contest the petition. It is submitted that the respondent Company has failed before the BIFR and AAIF....