<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2001 (1) TMI 866 - HIGH COURT OF KARNATAKA</title>
    <link>https://www.taxtmi.com/caselaws?id=105858</link>
    <description>A creditor&#039;s winding up petition under the Companies Act, 1956 must prima facie disclose a debt, non-payment and a creditor-debtor relationship; if the pleadings and documents do not show liability and the company raises a bona fide dispute, the petition may be refused at the threshold without requiring the company to answer it. Rule 96 of the Companies (Court) Rules, 1959 is enabling rather than mandatory and does not require notice in every winding up petition. Where no prima facie ground for admission is shown, the court may decline admission and dismiss the petition without issuing notice.</description>
    <language>en-us</language>
    <pubDate>Tue, 09 Jan 2001 00:00:00 +0530</pubDate>
    <lastBuildDate>Sat, 10 Mar 2012 12:22:14 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=142893" rel="self" type="application/rss+xml"/>
    <item>
      <title>2001 (1) TMI 866 - HIGH COURT OF KARNATAKA</title>
      <link>https://www.taxtmi.com/caselaws?id=105858</link>
      <description>A creditor&#039;s winding up petition under the Companies Act, 1956 must prima facie disclose a debt, non-payment and a creditor-debtor relationship; if the pleadings and documents do not show liability and the company raises a bona fide dispute, the petition may be refused at the threshold without requiring the company to answer it. Rule 96 of the Companies (Court) Rules, 1959 is enabling rather than mandatory and does not require notice in every winding up petition. Where no prima facie ground for admission is shown, the court may decline admission and dismiss the petition without issuing notice.</description>
      <category>Case-Laws</category>
      <law>Companies Law</law>
      <pubDate>Tue, 09 Jan 2001 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=105858</guid>
    </item>
  </channel>
</rss>