https://www.taxtmi.com/caselaws?id=106488 A winding up petition may be admitted where the company's defence to the creditor's claim is internally inconsistent, unsupported by evidence, and contradicted by its own admissions. The text notes that allegations of defective goods were undermined by the company's pleaded admission that the goods had been consumed, while the claimed rejection letters and assurance against payment were not proved. A written promise to clear the dues was treated as an unqualified admission of liability. On that basis, the defence was treated as mala fide, the debt as undisputed, and the company as unable to pay its debts, with interest and costs also payable. en-us Wed, 28 Aug 2002 00:00:00 +0530 Wed, 14 Mar 2012 14:10:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106488 A winding up petition may be admitted where the company's defence to the creditor's claim is internally inconsistent, unsupported by evidence, and contradicted by its own admissions. The text notes that allegations of defective goods were undermined by the company's pleaded admission that the goods had been consumed, while the claimed rejection letters and assurance against payment were not proved. A written promise to clear the dues was treated as an unqualified admission of liability. On that basis, the defence was treated as mala fide, the debt as undisputed, and the company as unable to pay its debts, with interest and costs also payable. Case-Laws Companies Law Wed, 28 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106488