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    <title>2001 (1) TMI 876 - HIGH COURT OF BOMBAY</title>
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    <description>Part X of the Companies Act, 1956 may apply to a partnership comprising more than seven members, even if it is registered under the Partnership Act, because such a body falls within the definition of an unregistered company. The existence of separate partnership dissolution remedies does not, by itself, exclude winding up under Part X where statutory requirements are met. The text also explains that a winding-up petition will not be defeated by a mere unsupported dispute: if the underlying agreement makes repayment of a security deposit due on termination, and no bona fide defence is shown, the petition may be admitted.</description>
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    <pubDate>Fri, 12 Jan 2001 00:00:00 +0530</pubDate>
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      <title>2001 (1) TMI 876 - HIGH COURT OF BOMBAY</title>
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      <description>Part X of the Companies Act, 1956 may apply to a partnership comprising more than seven members, even if it is registered under the Partnership Act, because such a body falls within the definition of an unregistered company. The existence of separate partnership dissolution remedies does not, by itself, exclude winding up under Part X where statutory requirements are met. The text also explains that a winding-up petition will not be defeated by a mere unsupported dispute: if the underlying agreement makes repayment of a security deposit due on termination, and no bona fide defence is shown, the petition may be admitted.</description>
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