https://www.taxtmi.com/caselaws?id=109095 The court dismissed the winding-up petition filed by a former promoter Director of the respondent company due to unpaid debts, noting a bona fide dispute over the alleged balance amount. The court found that the petition was not filed in good faith but as a threat for debt recovery, emphasizing the lack of merit in the petitioner's claim. en-us Mon, 19 Apr 2004 00:00:00 +0530 Thu, 05 Apr 2012 18:12:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109095 The court dismissed the winding-up petition filed by a former promoter Director of the respondent company due to unpaid debts, noting a bona fide dispute over the alleged balance amount. The court found that the petition was not filed in good faith but as a threat for debt recovery, emphasizing the lack of merit in the petitioner's claim. Case-Laws Companies Law Mon, 19 Apr 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109095