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Companies Law - Highlights / Catch Notes

Home Highlights October 2020 Year 2020 This

Winding up order - The incorporation and conducting of business ...


Court Orders Winding Up of Company for Unlawful and Fraudulent Activities, Violating Legal Provisions.

October 17, 2020

Case Laws     Companies Law     Tri

Winding up order - The incorporation and conducting of business of the Company itself was with unlawful and fraudulent objects, and its affairs are being conducted in total violations of extant provisions of Law - it would be just and proper to order winding up the Respondent Company, without prejudice to the actions being initiated by other Statutory Authorities - company is ordered to be wound up - Tri

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