includes imposition of moratorium, reorganisation, winding up, liquidation (including any compulsory winding up procedure or proceeding), insolvency, bankruptcy, composition with creditors, receivership, conservatorship
Tribunal may, without prejudice to the continuation of process of winding up under these rules, order for investigation under section 43 and on consideration ... Tribunal shall have power to transfer the winding up proceedings from voluntary winding up to compulsory winding up by Tribunal. (3) The provisions relating
Tribunal may, without prejudice to the continuation of process of winding up under these rules, order for investigation under section 43 and on consideration ... Tribunal shall have power to transfer the winding up proceedings from voluntary winding up to compulsory winding up by Tribunal. (3) The provisions relating
ORDER
M. Madhavan Nair, J.
1. This petition is for compulsory winding up of the Saw Mills and Industries, Ltd, Kokkalai, Trichur. The petition ... background of this motion for a compulsory winding up of the company.
3. Before the much suspected meeting of 18-3-1960 came, Shri Mannathazalh
Indian Companies Act, 1913, or in the alternative for compulsory winding up of Morvi Vegetable Products Limited, the petition being presented by a shareholder ... Court to make an order for compulsory winding up of the Company. The only point which I have, therefore, to consider in the present case
Calicut Bank Limited under Section 153 , Companies Act, and directing the compulsory winding up of the company. It has been conceded here ... scheme is not one which the Court can sanction, a compulsory winding up order must necessarily follow. The appellants are the directors and they
necessary the voluntary winding up can be superseded by a compulsory winding up. But. these are overriding and supervisory powers intended for special circumstances. Normally ... such interpretation all the powers of the court in a compulsory winding up were to be automatically imported into a voluntary winding up via Section
suggest that what the applicants wanted was an order for compulsory winding up, but having regard to the fact that they had mentioned a number ... compulsory winding up order can always come to Court and ask that the voluntary winding up should be converted into a compulsory
winding up in the case of a winding up by or subject to the supervision of the Court, and
(2) by a resolution for winding ... 20th April, 1939, was followed by a petition for the compulsory winding up of the company subject to the supervision of the Court, presented
made by the appellant
on the ground that a compulsory winding up petition was
pending against it in the Bombay High Court. The Company
Judge ... creditors of Golcha Company, the High Court had made a
compulsory winding up order on 10th May 1968; and, on that
very date, the appellant
