https://www.taxtmi.com/caselaws?id=110595 A winding up petition is not maintainable where the alleged debt is genuinely and bona fide disputed on substantial grounds. The respondent showed contemporaneous correspondence alleging defects in supplied bearings, inspection by the petitioner's representatives, and a request for replacement before payment of the disputed balance. Those materials established a real dispute about quality and liability, so the non-payment could not be treated as an undisputed debt. The court held that winding up proceedings cannot be used to enforce a contested money claim or as a substitute for a civil suit, and the petitioner had not made out the prima facie case required for admission of the petition. en-us Thu, 27 Feb 2003 00:00:00 +0530 Tue, 17 Apr 2012 16:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110595 A winding up petition is not maintainable where the alleged debt is genuinely and bona fide disputed on substantial grounds. The respondent showed contemporaneous correspondence alleging defects in supplied bearings, inspection by the petitioner's representatives, and a request for replacement before payment of the disputed balance. Those materials established a real dispute about quality and liability, so the non-payment could not be treated as an undisputed debt. The court held that winding up proceedings cannot be used to enforce a contested money claim or as a substitute for a civil suit, and the petitioner had not made out the prima facie case required for admission of the petition. Case-Laws Companies Law Thu, 27 Feb 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110595