https://www.taxtmi.com/caselaws?id=97185 A statutory demand sent by registered post with postal acknowledgment and sender's sworn evidence establishes delivery at the registered office; absent company rebuttal, delivery is effective. An execution returned unsatisfied on a decretal debt brings the company within the statutory event deeming inability to pay; vague allegations of fraud or collusion without particularised steps to set aside the decree do not rebut that presumption. Consequentially, a winding up petition founded on those facts is maintainable and succeeds, with costs payable from the company's assets. en-us Fri, 22 Aug 1952 00:00:00 +0530 Sat, 14 Jan 2012 12:52:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97185 A statutory demand sent by registered post with postal acknowledgment and sender's sworn evidence establishes delivery at the registered office; absent company rebuttal, delivery is effective. An execution returned unsatisfied on a decretal debt brings the company within the statutory event deeming inability to pay; vague allegations of fraud or collusion without particularised steps to set aside the decree do not rebut that presumption. Consequentially, a winding up petition founded on those facts is maintainable and succeeds, with costs payable from the company's assets. Case-Laws Companies Law Fri, 22 Aug 1952 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97185