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    <title>1998 (12) TMI 516 - HIGH COURT OF KARNATAKA</title>
    <link>https://www.taxtmi.com/caselaws?id=105127</link>
    <description>The court found in favor of the petitioner in a case involving non-payment for supplied goods, a dishonored cheque, and allegations of defective goods. The court rejected the respondents&#039; defense of defective goods, noting inconsistencies and lack of credibility. It also determined that the dishonored cheque was part payment for outstanding dues, indicating the respondents&#039; inability to meet their debts. Consequently, the court justified a winding-up order against the respondents due to their prolonged non-payment and financial instability. The court directed the petitioners to advertise the winding-up petition and scheduled further proceedings.</description>
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    <pubDate>Mon, 07 Dec 1998 00:00:00 +0530</pubDate>
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      <title>1998 (12) TMI 516 - HIGH COURT OF KARNATAKA</title>
      <link>https://www.taxtmi.com/caselaws?id=105127</link>
      <description>The court found in favor of the petitioner in a case involving non-payment for supplied goods, a dishonored cheque, and allegations of defective goods. The court rejected the respondents&#039; defense of defective goods, noting inconsistencies and lack of credibility. It also determined that the dishonored cheque was part payment for outstanding dues, indicating the respondents&#039; inability to meet their debts. Consequently, the court justified a winding-up order against the respondents due to their prolonged non-payment and financial instability. The court directed the petitioners to advertise the winding-up petition and scheduled further proceedings.</description>
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      <pubDate>Mon, 07 Dec 1998 00:00:00 +0530</pubDate>
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