https://www.taxtmi.com/caselaws?id=111752 The court dismissed the company petition as the subsidiary company had bona fide disputed the debt claimed by Walnut. The court also found no basis to hold the holding company liable for the subsidiary's debt, as there was no evidence of fraud or improper conduct warranting the lifting of the corporate veil. en-us Tue, 18 Mar 2008 00:00:00 +0530 Wed, 10 Dec 2014 16:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111752 The court dismissed the company petition as the subsidiary company had bona fide disputed the debt claimed by Walnut. The court also found no basis to hold the holding company liable for the subsidiary's debt, as there was no evidence of fraud or improper conduct warranting the lifting of the corporate veil. Case-Laws Companies Law Tue, 18 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111752