https://www.taxtmi.com/caselaws?id=104387 The court concluded that the dispute raised by the respondent regarding the alleged debt was bona fide and should be adjudicated in a civil court rather than through winding-up proceedings. The respondent was directed to pay interest at 15% per annum on the admitted amount and costs to the petitioner. The winding-up petition was ultimately disposed of by the court. en-us Thu, 15 Oct 1998 00:00:00 +0530 Tue, 28 Feb 2012 18:32:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104387 The court concluded that the dispute raised by the respondent regarding the alleged debt was bona fide and should be adjudicated in a civil court rather than through winding-up proceedings. The respondent was directed to pay interest at 15% per annum on the admitted amount and costs to the petitioner. The winding-up petition was ultimately disposed of by the court. Case-Laws Companies Law Thu, 15 Oct 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104387