Sodexo Svc India Pvt.Ltd. v. Nahar Developers Pvt.Ltd. Cin NO.U45200MH2007PTC168
Case brief
What is this about?
The Company Petition for winding up Sodexo SVC India Pvt. Ltd. was allowed by the Bombay High Court. The court found the respondent commercially insolvent and unable to pay its debts after failing to appear. An Official Liquidator was appointed to take charge of the company's assets and affairs in terms of the Companies Act, 1956.
What did the court decide?
The Company Petition was allowed; notice served; the company found insolvent; Official Liquidator appointed with powers under the Companies Act, 1956.