Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2013 (2) TMI 419

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... under section 433(e) of the Companies Act and a prayer has been made for winding up the respondent company and to appoint the official liquidator. 2. The petitioner company is incorporated under the Companies Act having its registered office at Langford Road, Bangalore for the purpose of jurisdiction. The respondent company is also having its registered office at Bangalore. 3. The petitioner co .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... red for which criminal cases have been filed for the offence punishable under section 138 of N I Act. 4. A statutory notice was issued on 24.9.2009 which has been served. 5. The respondent made appearance and made promise to the petitioner by way of memo dated 25-5-2010 reporting payment of Rs. 4 lakhs through demand draft towards partial claim and further had agreed to pay remaining amount of R .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d the matter and petition was advertised in The Hindu fixing the date of hearing on 29-7-2011. On the said date, the matter was posted but not reached. Again on number of occasions, the matter was posted. 7. Today when the matter has taken up, none appears for the respondent. It is brought to my notice that the respondent's counsel has filed memo for retirement along with the acknowledgement for .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... strar of Companies within a period of 15 days from the date of receipt of copy of this order. The Official Liquidator is appointed. To meet the initial expenses to initiate winding up proceedings, the petitioner is directed to deposit a sum of Rs. 15,000 to the Official Liquidator within a period of four weeks from the date of receipt of copy of this order.
Case laws, Decisions, Judgements, Or .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates