Pro-active action in case of winding up petitions.

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..... dators Subject: Pro-active action in case of winding up petitions. It has been noticed that winding up petitions are filed by creditors, stake holders and management before Hon ble High courts without providing full information. This leads to waste of valuable time of Hon ble Court and also delays completion of winding up process as well. In order to speed up the winding up process and to i .....

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..... pany; (ii) Location and physical details of each immovable asset of the company along with its current valuation; (iii) The details of all the debtors and creditors with their complete addresses and occupations; (iv) The details of each movable asset of the company along with value; (v) The details of workmen/employees and any amount outstanding to them; (vi) The details of all movable a .....

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