2016 (1) TMI 670

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..... s 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 .....

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..... ompany is engaged in manufacturing and supply of various grades of coated and uncoated calcium Carbonate and other items. It has two manufacturing Units at Paonta Sahib, Himachal Pradesh. The respondent-Company is engaged in manufacturing of Shoes and Chappals. It has various manufacturing units. The respondent-Company had been placing orders with the petitioner-company for supply of calcium carbo .....

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..... e petition only a sum of ₹ 2,09,54,942/- has been stated to be balance outstanding from the respondent-Company payable to the petitioner. 3. Various letters/reminders were sent to the respondent-Company to clear the outstanding dues but it has failed to pay the debt. Statutory notice dated 26.8.2013 (Annexure P-8) was also sent whereby respondent- Company was called upon to pay the admitt .....

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..... iquidator for the respondent Company, with a direction that he shall take charge of the records and affairs of both the movable and immovable assets of the respondent-Company forthwith and take further action in accordance with law. The factum of admission was directed to be published in the newspapers namely 'The Indian Express (English) and 'Jansatta' (Hindi) and in the Official Gaze .....

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..... al 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. 12. Let the factum .....

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