https://www.taxtmi.com/caselaws?id=110440 An unpaid loan claim supported by an account-payee cheque, dishonour of that cheque, and an unanswered statutory demand notice justified admission of the winding-up petition. The company entered no opposition despite notice, leaving no defence to the petitioning creditor's claim. The petition was admitted for the principal debt with interest, and the creditor was given liberty to recover the balance if instalment payments were not made. en-us Tue, 06 Jul 2004 00:00:00 +0530 Mon, 16 Apr 2012 18:01:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110440 An unpaid loan claim supported by an account-payee cheque, dishonour of that cheque, and an unanswered statutory demand notice justified admission of the winding-up petition. The company entered no opposition despite notice, leaving no defence to the petitioning creditor's claim. The petition was admitted for the principal debt with interest, and the creditor was given liberty to recover the balance if instalment payments were not made. Case-Laws Companies Law Tue, 06 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110440