Allowed
Lkp Finance Limited v. Wisdom Global Enterprises Limited (Cin U51909MH2002PLC137824)
Bombay HCCP/414/2014
Case brief
AI extract
What is this about?
The Court allowed and disposed of Company Petition No.414 of 2014 and Petition No.927 of 2014. The petitioner sought the winding up of the respondent because the principal borrower had been wound up. The Court ordered the winding up of the respondent and the appointment of an Official Liquidator.
What did the court decide?
Winding up of the respondent company under direction of the Court and appointment of the Official Liquidator to take over the assets of the company.