https://www.taxtmi.com/caselaws?id=97126 Court may, at presentation of a winding-up petition, exercise inherent jurisdiction to refuse admission or to admit and adjourn the petition (including restraining advertisement or directing service of notice) where the debt is bona fide disputed or the petition otherwise amounts to an abuse of process; the court should not make a winding-up order on a bona fide disputed debt. On the facts the petition was admitted but kept on file and adjourned sine die without being advertised; petitioners were ordered to pay hearing costs and substantive determination awaits final resolution of the pending suit. en-us Thu, 12 Apr 1951 00:00:00 +0530 Sat, 14 Jan 2012 11:32:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97126 Court may, at presentation of a winding-up petition, exercise inherent jurisdiction to refuse admission or to admit and adjourn the petition (including restraining advertisement or directing service of notice) where the debt is bona fide disputed or the petition otherwise amounts to an abuse of process; the court should not make a winding-up order on a bona fide disputed debt. On the facts the petition was admitted but kept on file and adjourned sine die without being advertised; petitioners were ordered to pay hearing costs and substantive determination awaits final resolution of the pending suit. Case-Laws Companies Law Thu, 12 Apr 1951 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97126