https://www.taxtmi.com/caselaws?id=103185 The court dismissed the winding-up petition against the respondent company due to the genuine and bona fide defense raised regarding the quality of goods supplied. The respondent's timely dispute and non-compliance with the court order were considered legitimate reasons for the dismissal. The petitioner agreed to accept the reduced amount of Rs. 8,363 without prejudice. The court ordered the petitioner to return the original cheque and directed the respondent to issue a new cheque for the agreed amount, expediting the issuance of a certified copy of the judgment for both parties. en-us Thu, 28 Oct 1993 00:00:00 +0530 Tue, 21 Feb 2012 13:01:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103185 The court dismissed the winding-up petition against the respondent company due to the genuine and bona fide defense raised regarding the quality of goods supplied. The respondent's timely dispute and non-compliance with the court order were considered legitimate reasons for the dismissal. The petitioner agreed to accept the reduced amount of Rs. 8,363 without prejudice. The court ordered the petitioner to return the original cheque and directed the respondent to issue a new cheque for the agreed amount, expediting the issuance of a certified copy of the judgment for both parties. Case-Laws Companies Law Thu, 28 Oct 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103185