https://www.taxtmi.com/caselaws?id=110504 A winding-up petition is not a proper forum for adjudicating a genuinely disputed debt, particularly where liability, interest calculations, and other factual issues require evidence; such claims must be pursued in civil proceedings. The period during which inquiry, scheme consideration, or implementation under the sick industrial company framework remained pending is excluded in computing limitation, and the continuation of the sanctioned scheme until 31-3-1999 meant the suspension period could not be ignored. en-us Mon, 02 Aug 2004 00:00:00 +0530 Tue, 17 Apr 2012 11:59:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110504 A winding-up petition is not a proper forum for adjudicating a genuinely disputed debt, particularly where liability, interest calculations, and other factual issues require evidence; such claims must be pursued in civil proceedings. The period during which inquiry, scheme consideration, or implementation under the sick industrial company framework remained pending is excluded in computing limitation, and the continuation of the sanctioned scheme until 31-3-1999 meant the suspension period could not be ignored. Case-Laws Companies Law Mon, 02 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110504