https://www.taxtmi.com/caselaws?id=101480 The court dismissed the petition for winding up under section 433 of the Companies Act, 1956, as it sought payment not immediately due, following a lack of evidence to support the petitioner's claim against the respondent company. The court emphasized the importance of evidence in determining liability and advised the petitioner to pursue recovery through a civil suit if necessary. The court acknowledged the petitioner's right to seek legal recourse through appropriate channels but ultimately found the petition not maintainable based on the lack of immediate debt repayment obligation. en-us Thu, 26 Mar 1987 00:00:00 +0530 Thu, 09 Feb 2012 18:20:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101480 The court dismissed the petition for winding up under section 433 of the Companies Act, 1956, as it sought payment not immediately due, following a lack of evidence to support the petitioner's claim against the respondent company. The court emphasized the importance of evidence in determining liability and advised the petitioner to pursue recovery through a civil suit if necessary. The court acknowledged the petitioner's right to seek legal recourse through appropriate channels but ultimately found the petition not maintainable based on the lack of immediate debt repayment obligation. Case-Laws Companies Law Thu, 26 Mar 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101480