https://www.taxtmi.com/caselaws?id=105976 Compliance with statutory notice for winding up was treated as established where receipt of the notice was not effectively denied, so the maintainability objection failed. The court also held that the affidavit and supporting claim documents, including received and encashed demand drafts, provided an adequate evidentiary foundation for the petition, so the challenge to affidavit sufficiency was rejected. On interest, in the absence of a contractual rate, section 2(b) of the Interest Act, 1978 was applied and the award was reduced from 18% to 9% per annum from the date of demand by reference to the relevant current fixed deposit rate. en-us Thu, 17 Feb 2000 00:00:00 +0530 Mon, 12 Mar 2012 11:51:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105976 Compliance with statutory notice for winding up was treated as established where receipt of the notice was not effectively denied, so the maintainability objection failed. The court also held that the affidavit and supporting claim documents, including received and encashed demand drafts, provided an adequate evidentiary foundation for the petition, so the challenge to affidavit sufficiency was rejected. On interest, in the absence of a contractual rate, section 2(b) of the Interest Act, 1978 was applied and the award was reduced from 18% to 9% per annum from the date of demand by reference to the relevant current fixed deposit rate. Case-Laws Companies Law Thu, 17 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105976