https://www.taxtmi.com/caselaws?id=104130 The court admitted the winding-up petition under sections 433(e), 434, and 439 of the Companies Act, 1956 due to the respondent limited company's failure to repay admitted debts for taxable paper cones supplied by the petitioner. The respondent's claims of material quality issues and settlement of accounts were dismissed as afterthoughts. Lack of evidence of poor material quality post-April 1998, coupled with the respondent's contradictory actions and failure to present a comprehensive defense, led to the court's decision. The respondent was directed to pay the due amount with interest, and notice of admission was to be published for parties' awareness. en-us Thu, 11 Mar 1999 00:00:00 +0530 Mon, 27 Feb 2012 18:10:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104130 The court admitted the winding-up petition under sections 433(e), 434, and 439 of the Companies Act, 1956 due to the respondent limited company's failure to repay admitted debts for taxable paper cones supplied by the petitioner. The respondent's claims of material quality issues and settlement of accounts were dismissed as afterthoughts. Lack of evidence of poor material quality post-April 1998, coupled with the respondent's contradictory actions and failure to present a comprehensive defense, led to the court's decision. The respondent was directed to pay the due amount with interest, and notice of admission was to be published for parties' awareness. Case-Laws Companies Law Thu, 11 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104130