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<h1>Petition Dismissed for Principal Payment; Interest Claim Disputed. No Winding-Up Orders.</h1> The High Court of Punjab and Haryana dismissed the petition as the principal amount was paid in court. The petitioner's claim for interest was disputed, ... Company when deemed unable to pay its debts The High Court of Punjab and Haryana dismissed the petition as the principal amount was paid in court. The petitioner's claim for interest was disputed, and since there was no agreement for interest payment, no winding-up orders were passed. No costs were awarded.
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