Belated defects objection cannot defeat an admitted debt when goods were accepted and liability was acknowledged.

Delayed objections to alleged defects in goods do not negate an admitted debt where the goods were installed and commissioned to the buyer's satisfaction, the installation reports recorded approval, the C-Form acknowledged receipt of invoices and goods, and an email admitted the outstanding balance. On the stated facts, the defence was not a bona fide dispute because the complaint about possible weakness in the plastic mesh was raised only after a long delay and was addressed by the supplier. The cited approach under Sections 41 and 42 of the Sale of Goods Act, 1930 treats retention of goods without timely rejection as acceptance, so a mere belated technical objection and a plea of solvency do not defeat admission of the winding up petition.

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Issues: Whether the respondent's objection regarding alleged defects in the goods and its delayed complaint after installation prevented the debt from being treated as admitted and justified admission of the winding up petition.

Analysis: The goods were installed and commissioned to the respondent's satisfaction, the installation reports recorded approval, the respondent issued the C-Form acknowledging receipt of the invoices and goods, and an email admitted the outstanding balance. The later objection about possible weakness in the plastic mesh was raised after a long delay and was addressed by the petitioner. In these circumstances, the defence based on alleged defects was not a bona fide dispute. The statutory scheme of Sections 41 and 42 of the Sale of Goods Act, 1930, as applied in the cited precedent, supports the view that retention of goods without timely rejection amounts to acceptance, and an undisputed liability cannot be avoided on a merely technical or belated objection. The respondent's reliance on solvency did not supply a stand-alone defence where the debt was otherwise admitted.

Conclusion: The respondent's defence failed, the debt was treated as admitted, and the winding up petition was admitted.

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