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    <title>1988 (11) TMI 300 - HIGH COURT OF PUNJAB AND HARYANA</title>
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    <description>A winding-up petition will not lie where the alleged debt is bona fide disputed on substantial grounds, including dispute over the transaction, receipt of goods, and authority for the cheque. The company court will not be used to enforce a debt requiring proof by positive evidence, and the creditor must pursue ordinary civil remedies instead. The objection regarding the supporting affidavit was noticed, but the petition was decided on the merits of the debt dispute. The petition was dismissed, and the petitioner was relegated to a civil suit.</description>
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    <pubDate>Fri, 18 Nov 1988 00:00:00 +0530</pubDate>
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      <title>1988 (11) TMI 300 - HIGH COURT OF PUNJAB AND HARYANA</title>
      <link>https://www.taxtmi.com/caselaws?id=101667</link>
      <description>A winding-up petition will not lie where the alleged debt is bona fide disputed on substantial grounds, including dispute over the transaction, receipt of goods, and authority for the cheque. The company court will not be used to enforce a debt requiring proof by positive evidence, and the creditor must pursue ordinary civil remedies instead. The objection regarding the supporting affidavit was noticed, but the petition was decided on the merits of the debt dispute. The petition was dismissed, and the petitioner was relegated to a civil suit.</description>
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      <pubDate>Fri, 18 Nov 1988 00:00:00 +0530</pubDate>
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