https://www.taxtmi.com/caselaws?id=103201 The Supreme Court remanded a case regarding the winding up of a company under the Companies Act, 1956, back to a Division Bench for a decision on the merits after dismissing the initial petition due to procedural issues. The dispute centered on non-payment of dues for supplied goods, with the petitioner alleging non-receipt of payment despite supplying goods worth Rs. 1,22,000. The respondent disputed the claim, citing non-receipt of goods and challenging the validity of the payment cheque. The court emphasized the need for substantial and bona fide disputes in winding up petitions, ultimately dismissing the appeal without costs. en-us Tue, 16 Mar 1993 00:00:00 +0530 Tue, 21 Feb 2012 14:48:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103201 The Supreme Court remanded a case regarding the winding up of a company under the Companies Act, 1956, back to a Division Bench for a decision on the merits after dismissing the initial petition due to procedural issues. The dispute centered on non-payment of dues for supplied goods, with the petitioner alleging non-receipt of payment despite supplying goods worth Rs. 1,22,000. The respondent disputed the claim, citing non-receipt of goods and challenging the validity of the payment cheque. The court emphasized the need for substantial and bona fide disputes in winding up petitions, ultimately dismissing the appeal without costs. Case-Laws Companies Law Tue, 16 Mar 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103201