https://www.taxtmi.com/caselaws?id=101915 The court rejected the petition, finding it not maintainable due to improper motives of the petitioners, lack of crystallized debt, and genuine disputes raised by the company. The court emphasized that winding-up petitions should not be used to recover disputed debts and penalized the petitioners with costs. en-us Tue, 26 Sep 1989 00:00:00 +0530 Mon, 13 Feb 2012 11:32:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101915 The court rejected the petition, finding it not maintainable due to improper motives of the petitioners, lack of crystallized debt, and genuine disputes raised by the company. The court emphasized that winding-up petitions should not be used to recover disputed debts and penalized the petitioners with costs. Case-Laws Companies Law Tue, 26 Sep 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101915