1995 (3) TMI 383

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..... for winding up of the company known as "Kaushal Leather Board Limited", which is a company registered under the Companies Act, 1956. Learned counsel relied on the provisions of section 433, sub-section ( e ) in support of her submissions for an order for the 'Winding up of the company. Sub-section ( e ) of section 433 of the Companies Act, 1956, is as extracted below : "433. A company may be .....

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..... f interest and can be re-settled between the parties. In view of the above, I find that the petition is incompetent and is accordingly dismissed. Since after service of notice nobody has turned up from the side of the company, no order as to costs. However, it is made clear that this order will not prejudice the right of the petitioner in regard to the recovery of the salary before the appro .....

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