Allowed
M/S.Vadilal Chemicals Ltd. v. M/S.Shaper Chemicals Ltd.
Bombay HCCP/346/1999
Case brief
AI extract
What is this about?
The Bombay High Court allowed multiple company petitions to wind up Shaper Chemicals Ltd. The court held that since statutory notices remained unserved and the respondent company did not appear, the uncontroverted averments were admitted, making winding up a fit case.
What did the court decide?
The company was ordered to be wound up by the High Court, and an Official Liquidator or other fit person was appointed to take charge of its assets and affairs.