https://www.taxtmi.com/caselaws?id=108554 The court dismissed the winding-up petition, finding the respondent had a genuine dispute over the guarantee agreement's validity and debt owed. It held the petitioner failed to prove the debt, emphasizing the need for a civil court to address the disputes rather than winding-up proceedings. en-us Fri, 11 Oct 2002 00:00:00 +0530 Mon, 02 Apr 2012 15:45:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108554 The court dismissed the winding-up petition, finding the respondent had a genuine dispute over the guarantee agreement's validity and debt owed. It held the petitioner failed to prove the debt, emphasizing the need for a civil court to address the disputes rather than winding-up proceedings. Case-Laws Companies Law Fri, 11 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108554