https://www.taxtmi.com/caselaws?id=104003 Liability based only on disputed running-account entries in books of account cannot be conclusively established in a summary winding up proceeding, because such entries are relevant under Section 34 of the Evidence Act but do not by themselves prove the debt unless properly supported. Where the claim depends on year-to-year adjustments and requires detailed proof, the dispute is unsuitable for adjudication in a winding up petition under the Companies Act and must be tried in a civil suit. The winding up petition was therefore held not maintainable, leaving the petitioner to pursue civil remedies. en-us Tue, 02 Nov 1993 00:00:00 +0530 Mon, 27 Feb 2012 11:00:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104003 Liability based only on disputed running-account entries in books of account cannot be conclusively established in a summary winding up proceeding, because such entries are relevant under Section 34 of the Evidence Act but do not by themselves prove the debt unless properly supported. Where the claim depends on year-to-year adjustments and requires detailed proof, the dispute is unsuitable for adjudication in a winding up petition under the Companies Act and must be tried in a civil suit. The winding up petition was therefore held not maintainable, leaving the petitioner to pursue civil remedies. Case-Laws Companies Law Tue, 02 Nov 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104003