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    <title>1992 (4) TMI 214 - HIGH COURT OF PUNJAB AND HARYANA</title>
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    <description>A winding up petition cannot be used as a recovery tool where the alleged debt is genuinely disputed and the debtor raises a bona fide limitation defence. The Court noted that a summary winding up jurisdiction is not intended to decide a contested civil money claim, and the petitioner must show a clear debtor-creditor relationship and an undisputed admitted debt. Because the respondent&#039;s denial of liability appeared prima facie tenable and limitation involved mixed questions of law and fact, the petition was not maintainable and was liable to be dismissed.</description>
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    <pubDate>Thu, 02 Apr 1992 00:00:00 +0530</pubDate>
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      <title>1992 (4) TMI 214 - HIGH COURT OF PUNJAB AND HARYANA</title>
      <link>https://www.taxtmi.com/caselaws?id=103147</link>
      <description>A winding up petition cannot be used as a recovery tool where the alleged debt is genuinely disputed and the debtor raises a bona fide limitation defence. The Court noted that a summary winding up jurisdiction is not intended to decide a contested civil money claim, and the petitioner must show a clear debtor-creditor relationship and an undisputed admitted debt. Because the respondent&#039;s denial of liability appeared prima facie tenable and limitation involved mixed questions of law and fact, the petition was not maintainable and was liable to be dismissed.</description>
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      <pubDate>Thu, 02 Apr 1992 00:00:00 +0530</pubDate>
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