https://www.taxtmi.com/caselaws?id=113449 The Court partially allowed the application under section 446(2)(b) of the Companies Act, 1956, directing the respondent to pay Rs. 5,93,700 along with interest at 6% per annum from 3-11-2006. The respondent's defense of having paid a substantial amount was not substantiated with concrete evidence, resulting in the Court rejecting their claim and ruling in favor of the Company-in-liquidation for the majority of the outstanding amount. en-us Tue, 01 Jun 2010 00:00:00 +0530 Sat, 05 May 2012 13:18:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113449 The Court partially allowed the application under section 446(2)(b) of the Companies Act, 1956, directing the respondent to pay Rs. 5,93,700 along with interest at 6% per annum from 3-11-2006. The respondent's defense of having paid a substantial amount was not substantiated with concrete evidence, resulting in the Court rejecting their claim and ruling in favor of the Company-in-liquidation for the majority of the outstanding amount. Case-Laws Companies Law Tue, 01 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113449