https://www.taxtmi.com/caselaws?id=111267 The court permanently stayed the winding up petition filed by the petitioner against the company due to the lack of indisputable evidence regarding the quantum of debt owed. The court emphasized the importance of conclusively demonstrating both the factum and quantum of indebtedness before admitting a winding up petition. The petitioner's claim for winding up was dismissed, and the matter was directed to be pursued as a regular suit, with no order as to costs issued. en-us Thu, 03 May 2007 00:00:00 +0530 Sat, 21 Apr 2012 15:22:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111267 The court permanently stayed the winding up petition filed by the petitioner against the company due to the lack of indisputable evidence regarding the quantum of debt owed. The court emphasized the importance of conclusively demonstrating both the factum and quantum of indebtedness before admitting a winding up petition. The petitioner's claim for winding up was dismissed, and the matter was directed to be pursued as a regular suit, with no order as to costs issued. Case-Laws Companies Law Thu, 03 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111267