2018 (11) TMI 109

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....sp; JAYANT NATH, J. (ORAL) 1. This petition is filed under Sections 433(e), (f), 434(1)(a) and 439 of the Companies Act, 1956 (hereinafter referred to as the 'Act') seeking winding up of the respondent Company.   2. It is the case of the petitioner that the parties entered into an arrangement whereby the petitioner had to publish advertisements of the products of the respondents company in....

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....I have heard the learned counsel for the parties.   4. The learned counsel for the respondent submits that main defence taken by them is the plea of limitation. He submits that the invoices in question are for the period w.e.f. 2010- 2011 whereas the present winding up petition has been filed in May, 2016. He submits that the claims are totally barred by limitation.   5. The petitioner....

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....the newspapers 'Statesman' (English) and 'Veer Arjun' (Hindi), as well as in the Delhi Gazette, at least 14 days prior to the next date of hearing. The cost of publication is to be borne by the petitioner who shall deposit a sum Rs. 75,000/- with the Official Liquidator within 2 weeks, subject to any further amounts that may be called for by the liquidator for this purpose, if required. The Offici....