https://www.taxtmi.com/caselaws?id=112312 The court dismissed the appeal challenging the order admitting the company petition for winding up the appellant-company due to unpaid consultancy fees. The court found that while the appellant raised a bona fide dispute regarding the debt claimed, their defense lacked substance and prima facie proof. The court concluded that the company's inability to pay its debts was established, justifying the admission of the petition and directing advertisement, with the modification that the advertisement be published after 90 days in the interest of justice. en-us Fri, 21 Sep 2007 00:00:00 +0530 Thu, 25 Dec 2014 21:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112312 The court dismissed the appeal challenging the order admitting the company petition for winding up the appellant-company due to unpaid consultancy fees. The court found that while the appellant raised a bona fide dispute regarding the debt claimed, their defense lacked substance and prima facie proof. The court concluded that the company's inability to pay its debts was established, justifying the admission of the petition and directing advertisement, with the modification that the advertisement be published after 90 days in the interest of justice. Case-Laws Companies Law Fri, 21 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112312