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    <title>1985 (9) TMI 267 - HIGH COURT OF PUNJAB AND HARYANA</title>
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    <description>The court set aside the order dismissing the winding-up petition based on a disputed interest payment. It directed the judge to decide on the appellant&#039;s entitlement to interest on the principal amount and whether non-payment of interest falls under the grounds for winding up as per the Companies Act. The court emphasized that the interest dispute was not so contentious that it could not be addressed within the winding-up petition&#039;s scope. No costs were awarded in this case.</description>
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    <pubDate>Thu, 05 Sep 1985 00:00:00 +0530</pubDate>
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      <title>1985 (9) TMI 267 - HIGH COURT OF PUNJAB AND HARYANA</title>
      <link>https://www.taxtmi.com/caselaws?id=101218</link>
      <description>The court set aside the order dismissing the winding-up petition based on a disputed interest payment. It directed the judge to decide on the appellant&#039;s entitlement to interest on the principal amount and whether non-payment of interest falls under the grounds for winding up as per the Companies Act. The court emphasized that the interest dispute was not so contentious that it could not be addressed within the winding-up petition&#039;s scope. No costs were awarded in this case.</description>
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      <pubDate>Thu, 05 Sep 1985 00:00:00 +0530</pubDate>
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