https://www.taxtmi.com/caselaws?id=109121 The Court granted the petition for winding up filed by L & T Finance Limited against Ganesh Benzoplast Ltd. due to the respondent's default in payment despite agreements and statutory notices. The Court found the respondent's defense to be insufficient and raised only to delay payment, noting their insolvency and failure to comply with settlement terms. The respondent was given a three-month period to settle the dispute or make the payment, with the winding up order to be enforced if they failed to do so. en-us Thu, 06 May 2004 00:00:00 +0530 Thu, 05 Apr 2012 18:53:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109121 The Court granted the petition for winding up filed by L & T Finance Limited against Ganesh Benzoplast Ltd. due to the respondent's default in payment despite agreements and statutory notices. The Court found the respondent's defense to be insufficient and raised only to delay payment, noting their insolvency and failure to comply with settlement terms. The respondent was given a three-month period to settle the dispute or make the payment, with the winding up order to be enforced if they failed to do so. Case-Laws Companies Law Thu, 06 May 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109121