https://www.taxtmi.com/caselaws?id=104088 The court dismissed the company's counterclaims and defenses, emphasizing the straightforward sale of goods and the company's admission of debt. The petitioner's winding-up application was admitted, requiring the company to pay the principal sum with interest by a specified date. Failure to comply would result in public advertisement and additional legal action, with the judgment favoring the petitioner due to the lack of substantiation of the company's claims. en-us Fri, 05 Feb 1999 00:00:00 +0530 Mon, 27 Feb 2012 15:54:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104088 The court dismissed the company's counterclaims and defenses, emphasizing the straightforward sale of goods and the company's admission of debt. The petitioner's winding-up application was admitted, requiring the company to pay the principal sum with interest by a specified date. Failure to comply would result in public advertisement and additional legal action, with the judgment favoring the petitioner due to the lack of substantiation of the company's claims. Case-Laws Companies Law Fri, 05 Feb 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104088