https://www.taxtmi.com/caselaws?id=101982 The court dismissed the winding-up petitions against Jayant Vitamins Ltd. The court found the company's counterclaims of fraud and illegal profits substantial, supported by detailed accounts and ongoing criminal proceedings. Considering the company's financial stability and opposition from its workers, the court deemed it unjust to order winding up. The disputes required detailed examination in civil court, leading to the dismissal of the petitions. Parties were advised to pursue their claims in civil court. en-us Fri, 14 Sep 1990 00:00:00 +0530 Mon, 13 Feb 2012 13:13:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101982 The court dismissed the winding-up petitions against Jayant Vitamins Ltd. The court found the company's counterclaims of fraud and illegal profits substantial, supported by detailed accounts and ongoing criminal proceedings. Considering the company's financial stability and opposition from its workers, the court deemed it unjust to order winding up. The disputes required detailed examination in civil court, leading to the dismissal of the petitions. Parties were advised to pursue their claims in civil court. Case-Laws Companies Law Fri, 14 Sep 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101982