https://www.taxtmi.com/caselaws?id=108787 A winding-up petition based on alleged unpaid invoices failed because the claim was not supported by sufficient particulars or contemporaneous evidence of demand. The court noted the long delay between the invoices, the statutory notice, and the filing of the petition, together with the absence of correspondence or other material explaining the delay or proving the earlier demands. It also found that the statutory notice did not match the invoice details later relied on in the petition. As a result, the alleged debt was held insufficiently substantiated to justify winding up for inability to pay debts, and the petition was dismissed. en-us Wed, 14 Aug 2002 00:00:00 +0530 Tue, 03 Apr 2012 18:27:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108787 A winding-up petition based on alleged unpaid invoices failed because the claim was not supported by sufficient particulars or contemporaneous evidence of demand. The court noted the long delay between the invoices, the statutory notice, and the filing of the petition, together with the absence of correspondence or other material explaining the delay or proving the earlier demands. It also found that the statutory notice did not match the invoice details later relied on in the petition. As a result, the alleged debt was held insufficiently substantiated to justify winding up for inability to pay debts, and the petition was dismissed. Case-Laws Companies Law Wed, 14 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108787