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2014 (3) TMI 1202

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..... t of accounts at pages 112 to 127 of the petition. The said statements clearly indicate that the respondent had defaulted in making the payments to the petitioner. In this view, there is no merit in the contentions urged by the learned counsel for Mr Ashwini Chawla. Accordingly, the respondent company is directed to be wound up. Renotify on 26.05.2014. - CO.PET. 36/2013 - - - Dated:- 27-3-2014 - HON'BLE MR. JUSTICE VIBHU BAKHRU For the Petitioner : Mr Sanjeev Sagar, Advocate. For the Respondent : Mr Mayank Goel, Advocate for OL. O R D E R CA No.1731/2013 For the reasons stated in the application, the delay is condoned. The application stands disposed of. CO.PET. 36/2013 By an order dated 2 .....

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..... contentions urged by the learned counsel for Mr Ashwini Chawla. Accordingly, the respondent company is directed to be wound up. The petitioner shall publish the notice of winding up in The Hindustan Times (English) and Dainik Jagran (Hindi) within a period of four weeks from today. The Official Liquidator shall file a report at least one week prior to the next date of hearing. Renotify on 26.05.2014. CA No.1730/2013 None appears for the applicant, however, I have perused the contents of the application. This is as application filed on behalf of the respondent company for dismissal of the winding up petition. It is contended that the petition is malicious and that the petitioner has alternative remedy for recovery o .....

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..... g winding up of the respondent company, the present application does not survive and stands disposed of. Report No.176/2014 The report is taken on record. The statement recorded of Mr Ashwini Chawla under Rule 130 of the Companies Court Rules, 1959 indicates that the assets of the company had been dissipated during the period March to June, 2013. The learned counsel for the Official Liquidator has pointed out that Mr Ashwini Chawla was in charge of the affairs of the company during the said period and was responsible for the affairs of the company. The learned counsel for the Official Liquidator has also pointed out that this is the period during which Mr Ashwini Chawla had persuaded the Court to keep the order appointing a Provisi .....

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