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2010 (9) TMI 235 - HC - Companies LawPetition filed under section 433(e) and (f) of the Companies Act, 1956 the petitioner is praying for an order to wind up the respondent-company Held that:- The petition is hereby allowed. The respondent-company is hereby ordered to be wound up. The Official Liquidator is appointed as Liquidator of the respondent-company. Petitioner-company shall deposit a sum of ₹ 25,000 with the Official Liquidator to meet the initial winding up expenses. Petitioner-company to take out advertisement of this order in one edition of ‘VIJAY TIMES’ English Newspaper and ‘SANJEVANI’ Kannada Newspaper within fourteen days from the date of receipt of copy of this order. Petitioner-company to serve certified copy of this order with the Registrar of Companies within thirty days from the date of receipt of copy of this order. Ordered accordingly.
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