https://www.taxtmi.com/caselaws?id=104382 The court found the winding-up petition against the respondent company maintainable, dismissing arguments on a running account and entity distinction. The respondent's liability for outstanding debt was established, with the court rejecting claims of payments not reflected and incorrect notice service. Denial of liability was deemed mala fide, leading to the petition's admission. The court appointed the official liquidator as provisional liquidator, ordering asset seizure and inventory preparation. en-us Tue, 13 Oct 1998 00:00:00 +0530 Tue, 28 Feb 2012 18:24:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104382 The court found the winding-up petition against the respondent company maintainable, dismissing arguments on a running account and entity distinction. The respondent's liability for outstanding debt was established, with the court rejecting claims of payments not reflected and incorrect notice service. Denial of liability was deemed mala fide, leading to the petition's admission. The court appointed the official liquidator as provisional liquidator, ordering asset seizure and inventory preparation. Case-Laws Companies Law Tue, 13 Oct 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104382