https://www.taxtmi.com/caselaws?id=103039 A winding up petition cannot be entertained on the basis of an alleged company debt where liability is genuinely disputed and no clear admission of the claimed amount exists. The petitioner relied on unpaid bills and a demand notice, but the respondents denied liability and asserted that the goods supplied did not conform to specification, were not properly inspected, and did not match the purchase order. The correspondence on record was insufficient to prove an undisputed debt. The claim was therefore treated as a disputed one, and not a proper foundation for admission of the winding up petition. en-us Fri, 05 Jan 1996 00:00:00 +0530 Mon, 20 Feb 2012 13:40:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103039 A winding up petition cannot be entertained on the basis of an alleged company debt where liability is genuinely disputed and no clear admission of the claimed amount exists. The petitioner relied on unpaid bills and a demand notice, but the respondents denied liability and asserted that the goods supplied did not conform to specification, were not properly inspected, and did not match the purchase order. The correspondence on record was insufficient to prove an undisputed debt. The claim was therefore treated as a disputed one, and not a proper foundation for admission of the winding up petition. Case-Laws Companies Law Fri, 05 Jan 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103039