TMI BlogZIL Directors Accused of Diverting Funds, Triggering Winding Up Proceedings Under Company Law for Financial Mismanagement.Winding up of company - Inability to pay debts - ZIL and its promoters/directors employed a device or artifice to fraudulently divert the sale proceeds of its MSD Division - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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