9911796707
TMI Blog2012 (2) TMI 398X X X X Extracts X X X X X X X X Extracts X X X X ..... to pay its dues to the petitioner and therefore the respondent Company has made itself liable to be wound up – Decided in favor of petitioner. - CO. PETITION NO. 154 OF 2010 - - - Dated:- 17-1-2012 - B.V. PINTO, J. Christophere for the Petitioner. ORDER 1. This petition is filed under Sections 433 (e) and (f), 434 and 439 of the Companies Act, 1956 seeking to wind up the Respondent- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... are, to carry on business related to obtaining Franchise, software licences from reputed software companies and such other objects which are set out in its Memorandum of Association. 5. The respondent had represented to the petitioner that they are the software Franchise for Microsoft and assured the petitioner that they would secure the requisite software licences from Microsoft for the petiti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... paid the amount to the petitioner. It is further submitted that a sum of Rs. 6,77,703/- is due to the petitioner by the respondent Company and the same is not been cleared. Hence, the petitioner prays for winding up of the respondent Company. 6. After admission of the petition, the proceedings have been advertised in the daily newspaper. The Hindu' dated 31.08.2010. However, no other persons hav ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er the assets and liabilities of the Respondent-Company. 3. Petitioner is directed to deposit a sum of Rs. 25,000/- with Official Liquidator to meet the initial expenses of winding up proceedings. 4. Petitioner is directed to serve a copy of this order on the Registrar of Companies within 30 days. 5. Petitioner is further directed to take out advertisement of this order in English dail ..... X X X X Extracts X X X X X X X X Extracts X X X X
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