https://www.taxtmi.com/caselaws?id=106389 A winding up petition is not maintainable where privity of contract and the respondent's liability are prima facie and bona fide disputed. The respondent had consistently denied any contractual dealing with the petitioner, asserted that the purchase was from a different entity, and relied on payments made to that entity and cleared by the banker. In the absence of any rejoinder, the dispute was substantial and could not be resolved in winding up jurisdiction. The petition was therefore dismissed. en-us Wed, 17 Jul 2002 00:00:00 +0530 Tue, 13 Mar 2012 18:39:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106389 A winding up petition is not maintainable where privity of contract and the respondent's liability are prima facie and bona fide disputed. The respondent had consistently denied any contractual dealing with the petitioner, asserted that the purchase was from a different entity, and relied on payments made to that entity and cleared by the banker. In the absence of any rejoinder, the dispute was substantial and could not be resolved in winding up jurisdiction. The petition was therefore dismissed. Case-Laws Companies Law Wed, 17 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106389