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    <title>2006 (9) TMI 299 - HIGH COURT OF BOMBAY</title>
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    <description>The petition was dismissed as the petitioner failed to comply with Section 434(1)(a) of the Companies Act, 1956, regarding the delivery of notice to the registered office. Additionally, the court found that there were bona fide disputes over the debt amount, which were not suitable for summary proceedings in a winding-up petition. The respondent&#039;s commercial solvency was upheld, leading to the dismissal of the petition. The petitioner was directed to withdraw the deposited sum with interest, and costs were awarded to the respondent.</description>
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      <link>https://www.taxtmi.com/caselaws?id=112389</link>
      <description>The petition was dismissed as the petitioner failed to comply with Section 434(1)(a) of the Companies Act, 1956, regarding the delivery of notice to the registered office. Additionally, the court found that there were bona fide disputes over the debt amount, which were not suitable for summary proceedings in a winding-up petition. The respondent&#039;s commercial solvency was upheld, leading to the dismissal of the petition. The petitioner was directed to withdraw the deposited sum with interest, and costs were awarded to the respondent.</description>
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      <pubDate>Fri, 15 Sep 2006 00:00:00 +0530</pubDate>
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