<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2006 (12) TMI 235 - HIGH COURT OF DELHI</title>
    <link>https://www.taxtmi.com/caselaws?id=111431</link>
    <description>The court found in favor of the petitioner, Technofab Engineering Limited, in a debt claim against the respondent, Nuchem Weir India Limited. The court determined that the petition was filed within the limitation period due to payments made by the respondent. The meeting minutes constituted an acknowledgment of debt, and the court rejected the argument of full and final settlement by the respondent. Bona fide disputes raised by the respondent were deemed irrelevant, and the petition filing was authorized. The respondent was ordered to pay Rs. 16,55,071.27 to the petitioner, with provisions for interest and potential liquidation if payment was not made within a specified timeframe.</description>
    <language>en-us</language>
    <pubDate>Fri, 15 Dec 2006 00:00:00 +0530</pubDate>
    <lastBuildDate>Mon, 23 Apr 2012 15:06:08 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=148447" rel="self" type="application/rss+xml"/>
    <item>
      <title>2006 (12) TMI 235 - HIGH COURT OF DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=111431</link>
      <description>The court found in favor of the petitioner, Technofab Engineering Limited, in a debt claim against the respondent, Nuchem Weir India Limited. The court determined that the petition was filed within the limitation period due to payments made by the respondent. The meeting minutes constituted an acknowledgment of debt, and the court rejected the argument of full and final settlement by the respondent. Bona fide disputes raised by the respondent were deemed irrelevant, and the petition filing was authorized. The respondent was ordered to pay Rs. 16,55,071.27 to the petitioner, with provisions for interest and potential liquidation if payment was not made within a specified timeframe.</description>
      <category>Case-Laws</category>
      <law>Companies Law</law>
      <pubDate>Fri, 15 Dec 2006 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=111431</guid>
    </item>
  </channel>
</rss>