2002 (6) TMI 558 - HC - Companies Law

Summary

The High Court of Gujarat ordered the winding up of M/s. Corruplast Packaging Private Limited as it was unable to pay its debts. The Official Liquidator was appointed to take charge of the assets and conduct the winding up process. The company was restrained from dealing with its assets. The petitioner was directed to publish the winding-up order in newspapers and the Official Gazette. The petition was disposed of with no costs.