https://www.taxtmi.com/caselaws?id=105383 The court addressed issues involving dishonored cheques, quality disputes over imported aluminium sheets, company's financial difficulties, deductions, admitted liability, counterclaim for damages, and security for dues. The respondent company admitted outstanding dues, acknowledged financial constraints, and was directed to furnish a bank guarantee for admitted dues within a specified period. Failure to comply would lead to dismissal of the company's petition, ensuring payment security during the pending suit without prejudicing parties' rights. en-us Wed, 21 Mar 2001 00:00:00 +0530 Mon, 05 Mar 2012 14:59:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105383 The court addressed issues involving dishonored cheques, quality disputes over imported aluminium sheets, company's financial difficulties, deductions, admitted liability, counterclaim for damages, and security for dues. The respondent company admitted outstanding dues, acknowledged financial constraints, and was directed to furnish a bank guarantee for admitted dues within a specified period. Failure to comply would lead to dismissal of the company's petition, ensuring payment security during the pending suit without prejudicing parties' rights. Case-Laws Companies Law Wed, 21 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105383