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Petitioner is National Investors Forum who has sought the winding up of the company on account of its inability to pay admitted debts. Petitioner is alleged to have collected more than 3,000 crores of rupees from investors, creditors and consumers by making false promises. The company filed a detailed written statement wherein it stated that the company had adequate assets and resources to pay back all its debts.
Petitioner is National Investors Forum who has sought the winding up of the company on account of its inability to pay admitted debts. Petitioner is alleged to have collected more than 3,000…