https://www.taxtmi.com/caselaws?id=101827 A winding-up petition based on an unpaid supply claim was not maintainable where the company raised a bona fide dispute over the quality and quantity of the goods supplied. The dispute was supported by earlier complaints, references to discussions on discounts, and phased payment of the balance, showing it was genuine and not an afterthought. Winding up could not be used as a substitute for a suit to recover the alleged debt, so the creditor had to pursue the claim through ordinary civil proceedings. en-us Fri, 10 Nov 1989 00:00:00 +0530 Sat, 11 Feb 2012 12:27:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101827 A winding-up petition based on an unpaid supply claim was not maintainable where the company raised a bona fide dispute over the quality and quantity of the goods supplied. The dispute was supported by earlier complaints, references to discussions on discounts, and phased payment of the balance, showing it was genuine and not an afterthought. Winding up could not be used as a substitute for a suit to recover the alleged debt, so the creditor had to pursue the claim through ordinary civil proceedings. Case-Laws Companies Law Fri, 10 Nov 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101827