IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH. CAPP No. 15 of 2009 (O&M) In CP No. 194 of 2005 Date of Decision: May 6, 2009 In the matter of: Punjab Digital Systems Limited CORAM: HON'BLE MR. JUSTICE M.M. KUMAR HON’BLE MR. JUSTICE H.S. BHALLA Present: Mr. Kamal Sehgal, Advocate, for the appellant. 1. Whether Reporters of local papers may be allowed to see the judgment? 2. To be referred to the Reporters or not? 3. Whether the judgment should be reported in the Digest? M.M. KUMAR, J. We have perused the order passed by the learned Company Judge, which is based on the resolution passed by the share holders in the Extra Ordinary General Meeting held on 31.10.2005, resolving that the Company be wound up by the order of the Court. The Company Petition was pending since 2005 and during the course of proceedings some dues of the workers were also settled. However, there is no impediment in the payment of workers’ dues under Section 529A of the Companies Act, 1956 after the passing of order of winding up as the Official Liquidator would be bound under various provisions of the Companies Act, 1956 to take over all the assets of the Company as per law. There is no merit in the appeal. Dismissed. (M.M. KUMAR) JUDGE (H.S. BHALLA) May 6, 2009 JUDGE Pkapoor 2