Home Case Index All Cases Companies Law Companies Law + HC Companies Law - 2016 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2016 (1) TMI 670 - HC - Companies LawWinding up petition - failure to pay the admitted liability/debt - Held that:- As the respondent company was not in a position to discharge its admitted liability, vide order dated 21.4.2015, the petition was admitted. The official liquidator was appointed as Provisional Liquidator vide order dated 25.5.2015. He was asked to take over the movable and immovable assets of the company. No purpose would be served in keeping the matter pending and therefore, in view liability being admitted the company is ordered to be wound up and the Provisional Liquidator is now appointed as Liquidator of the company. Let the factum of winding up of the respondent company be published in the newspapers namely 'The Indian Express (English) and 'Jansatta' (Hindi) and in the Official Gazette of Government of Haryana.
|